Evening Market Recap - Wednesday, 5-Mar

US equities were higher in Wednesday trading as stocks ended a bit off best levels, with the Dow Jones, S&P500, and Nasdaq finishing up 115bps, 101bps, and 146bps respectively. Today’s bounce seemed to be a function of tariff relief for Canada and Mexico, better economic data, along with some positive sentiment surrounding developments overseas. ADP private payrolls missed, but ISM Services beat, and durable goods orders revised higher. Fed’s Beige Book said economic activity slightly higher since mid-January.