UPDATE: Stock market ends higher as Trump signs metals tariffs

03/08/18 04:48 PM EST

Stocks ended with gains Thursday after President Donald Trump moved to implement tariffs on steel and aluminum imports, but provided an immediate exemption for Mexico and Canada while allowing other countries to negotiate exclusions. Stocks traded on either side of unchanged for much of the session, finding strength late in the day as details of the plan emerged. The S&P 500 ended 0.4% higher at 2,738.97, according to preliminary figures, while the Dow Jones Industrial Average advanced 93.85 points, or 0.4%, to 24,895.21. The Nasdaq Composite rose 0.4% to 7,427.95.

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03-08-18 1648ET

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