U.S. stocks trade mixed as investors react to Trump's new tariff plans

U.S. stocks traded mixed on Tuesday as investors reacted to President-elect Donald Trump's new tariff plans. He announced a 25% tariff on imports from Canada and Mexico, along with a 10% tariff on Chinese goods. The market showed volatility after Trump's announcement, which followed a positive session on Monday due to his Treasury Secretary pick, Scott Bessent. The dollar strengthened against the Canadian dollar, while the peso weakened. Major U.S. indexes reflected this uncertainty, with the S&P 500 up slightly, the Dow down, and the Nasdaq also declining. In commodities, oil prices rose, while gold increased slightly, and Bitcoin fell.