Wall Street Rises Amid Policy Shifts Under Trump

Wall Street's main indexes are set to open higher, with investors watching economic data and anticipating changes under the Trump administration. Concerns loom over stretched equity valuations and potential inflation, while recent trends saw tech stocks hit hardest and U.S. stocks projected for gains.

Wall Street's indexes appeared poised to open higher on Friday, as investors monitored forthcoming economic data and prepared for potential policy shifts under the Trump administration's incoming tenure.

As of 08:34 a.m. ET, Dow E-minis showed an increase of 140 points, S&P 500 E-minis gained 21.75 points, and Nasdaq 100 E-minis were up by 101 points. Despite the uptick, recent trends have defied historical patterns, with major indexes declining over the past four sessions.

The approaching Trump policies, ranging from tax cuts to tariffs, present a mix of opportunities and risks for the economy, leaving analysts and investors to question if these changes might precipitate a shift in the Federal Reserve's interest rate strategy.

(With inputs from agencies.)