Evening Market Recap - Wednesday, 14-May

US equities finished mixed in Wednesday trading, with the Dow Jones closing down 21bps, and the S&P500 and Nasdaq finishing up 10bps and 72bps respectively. Fairly directionless trading in today’s session, with nothing particularly incremental on trade, though the White House hinted another deal could be announced when Trump returns from his overseas trip, while media reports said Japan, South Korea deals are close. Fed's Jefferson noted tariffs could slow growth and boost inflation but the Fed is well-positioned in that event.