News Snapshot:
US stocks closed higher on Wednesday as investors weighed President Trump's latest 25% tariff salvo and digested the Federal Reserve minutes for insight into future policy. The benchmark S&P 500 (^GSPC) moved up about 0.2%, hitting a fresh record high of 6,144.15, after notching a record on Tuesday as well. The Nasdaq Composite (^IXIC) and the Dow Jones Industrial Average (^DJI) both rose about 0.1%. Wednesday's minutes from the Fed's January meeting revealed most central bank officials supported holding policy at restrictive levels amid concerns about persistent inflation. "Many participants noted that the Committee could hold the policy rate at...