Wall Street edges higher as investors eye possible tariff exemptions

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Wall Street edges higher as investors eye possible tariff exemptions - Business Standard

Quick Summary:

Rapid changes in US policy have sparked steep market selloffs, and left investors, companies and consumers confused over the outlook for policy and economic growth.

Among other stocks, Boeing lost 1.3 per cent after a report said China has ordered airlines in the country to not take any further deliveries of the company's jets.

The S&P 500 has lost over 8 per cent this year, and a BofA survey showed global investors have slashed holdings of US stocks over the past two months.