Evening Market Recap - Tuesday, 21-Jan

US equities finished higher in Tuesday trading, with the S&P closing above the 6000 level for the first time since late December. The Market continues to pay careful attention to President Trump's policy evolution, and day-one tariff developments versus China were less hawkish than feared; However, calls for nearer-term tariffs on Canada and Mexico underscored the likelihood of weeks of policy volatility. Meanwhile, afternoon headlines that Trump will announce a private sector AI infrastructure investment was also a tailwind for risk sentiment.

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StreetAccount U.S. Evening Market Recap is FactSet's daily podcast aiming to capture the most material market moving news. With a target time of ~5 minutes, this is an ideal listen for those looking to stay connected to the most important themes driving the U.S. economy & corporations.