Stocks climbed Wednesday, led by gains in tech, as investors looked past the latest tariff threats from President Donald Trump and awaited key Fed commentary.

Stocks closed down significantly on Monday after President Donald Trump announced steep tariffs on Japan, South Korea and other nations, set to take effect on Aug. 1.

The Dow Jones average remained higher Wednesday after the Fed's June minutes were released. Nvidia set a new high, and hit the $4 trillion mark in valuation.

The Dow Jones Industrial Average and S&P 500 were on track to close higher for the first time in three sessions Wednesday, helped by the Federal Reserve's 2025 rate-cutting plans and a muted response from investors to trade issues.

U.S. stocks settled higher on Wednesday, with the Dow Jones index gaining more than 200 points during the session as investors shrugged off fresh trade uncertainty after the White House delayed the start of new tariffs to Aug. 1, raising hopes for new rounds of negotiations.

A rally in big tech stocks led the broader market to a higher close Wednesday, lifting the Nasdaq to an all-time high and helping Wall Street claw back most of its losses from earlier in the week.

The strong jobs report also spurred a spike in Treasury yields and reduced expectations for the Federal Reserve to cut interest rates soon.

U.S. stocks settled mostly lower on Tuesday, with the Dow Jones index falling more than 150 points during the session following a series of letters from the White House to major trading partners, outlining sweeping new tariffs.

The Dow Jones Industrial Average was erasing most of its morning gains ahead of midday trading on Wednesday. Here's a look at what is putting pressure on the blue-chip index: UnitedHealth Group Inc.'s stock was the worst performer on the Dow,