Analyst: Under many influencing factors, the U.S. stock market still tends to be positive.

On February 20, Jinshi Data reported that on Wednesday, the U.S. stock market fluctuated between slight gains and losses. Investors analyzed the minutes of the Fed’s January policy meeting and digested Trump’s announced tariff measures. The S&P 500 index is expected to set a new closing record high for the second consecutive day, the Nasdaq is basically flat, and the Dow is slightly lower. Sam Stovall, Chief Investment Strategist at New York’s CFRA Research, said, “Facing high valuations, downward revisions in first-quarter earnings expectations, and global trade uncertainty, the market still tends to be positive.” The minutes of the Fed’s January meeting showed that stubborn inflation and Trump’s policy proposals (especially tariffs) have raised concerns among policymakers about their efforts to bring prices rise to target. Stovall added, "The Fed will continue to rely on data, they are not in a hurry to cut rates. (Indeed) there is no new news, but there are also no unexpected negative news.