Trump warned the previous day that he would impose tariffs “in the neighborhood of 25 percent” on auto imports and a similar amount or higher on semiconductors and pharmaceuticals.
European markets all dropped, with London hit by higher-than-expected inflation figures.
Wall Street indices veered in and out of negative territory throughout the session before finishing higher.
“A new high, even by the narrowest of margins, is still a new high, and all new highs are positive,“ said Sam Stovall, chief investment strategist at CFRA Research. “The resilience of the market remains encouraging, adding confidence to the continuation of its upward trajectory.”
The tariff threats added to market uncertainty since Europe and Kyiv were excluded from the first high-level talks between the US and Russia since the start of the war in Ukraine.
“The uncertainty surrounding the election is likely to negatively impact short-term price developments,“ said CMC Markets analyst Konstantin Oldenburger.
The sector has helped the Hang Seng Index surge around 15 percent since the turn of the year, spurred by the emergence of Chinese startup DeepSeek's new chatbot that has upended the AI universe.
The Shanghai stock market rose while Taipei was weighed by a sell-off in chip giant TSMC.
Shares in Dutch medical device maker Philips dropped more than 11 percent on the Amsterdam stock exchange after it posted worse-than-expected losses.
New York - Dow: UP 0.2 percent at 44,627.59 (close)
New York - Nasdaq Composite: UP 0.1 percent at 20,056.25 (close)
Paris - CAC 40: DOWN 1.2 percent at 8,110.54 (close)
Tokyo - Nikkei 225: DOWN 0.3 percent at 39,164.61 (close)
Shanghai - Composite: UP 0.8 percent at 3,351.54 (close)
Pound/dollar: DOWN at $1.2582 from $1.2613
Euro/pound: FLAT at 82.81 pence
Brent North Sea Crude: UP 0.3 percent at $76.04 per barrel
Read More Details
Finally We wish PressBee provided you with enough information of ( Stock markets pressured by Trump auto tariff threat )
Also on site :