U.S. Stocks Rise as Dow Jones Gains 0.56%

U.S. stocks closed higher on Wednesday, with the Dow Jones rising by 235.36 points (0.56%), the S&P 500 increasing by 37.90 points (0.67%), and the Nasdaq Composite gaining 151.15 points (0.87%). The consumer discretionary and industrial sectors led the gains, while some sectors like consumer staples and communication services experienced slight declines. Among notable gainers, Goldman Sachs rose by 2.67%, and Amazon increased by 2.00%. In contrast, Verizon and Chevron were among the biggest losers. Meanwhile, Chinese stocks had mixed results, with TSMC and Kingsoft Cloud seeing gains, while Alibaba and Pinduoduo faced declines. Wall Street is also bracing for the immediate effect of Trump's reciprocal tariffs.