Wall Street Mixed Amid Trade Tensions and GDP Boost

Wall Street opened slightly mixed as investors anticipated the Federal Reserve's policy decision. Despite a surprising 3% GDP growth in the U.S., investor sentiment remained cautious, focusing on interest rates and earnings. President Trump's announcement of a 25% tariff on Indian goods impacted the Indian rupee, driving it lower against the dollar. Uncertainty loomed over trade talks with China, adding to market pressures. The previous trading session saw a decline in major U.S. indexes, breaking a six-day winning streak for the S&P 500, as traders awaited clearer signals on tariffs and economic policies.