The US stock market experienced a modest uptick today, with the S&P 500 and Nasdaq hitting record highs. This subtle movement comes as investors anxiously await the Federal Reserve’s latest interest rate decision and closely monitor the ongoing developments in US-China trade negotiations.

Positive earnings reports fueled some significant gains. JetBlue and SoFi Technologies saw their stock prices soar following the release of strong financial results. Conversely, Merck and UnitedHealth Group experienced declines after their earnings announcements fell short of expectations.

Meanwhile, discussions between the US and China regarding tariffs continue in Stockholm. The looming deadlines surrounding these tariffs add another layer of complexity and uncertainty to the already volatile market environment.