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Wall Street treads water ahead of Trump's tariff decision

Reuters 

By Sinead Carew(Reuters) - The S&P 500 was roughly flat on Thursday and oscillated between positive and negative territory as investors were nervous of making bets ahead of an announcement from President Donald Trump on metal tariffs after a volatile week marked by worries about a potential trade war.Trump is expected to formalize 25 percent import duties on steel and a 10 percent tariff on aluminum at 3:30 p.m ET (2030 GMT), after saying Canada and Mexico would be exempted if they agree on a trade deal with the United States.But Trump told reporters ahead of the announcement that he had a ...

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First Published: Fri, March 09 2018. 01:06 IST
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