Stock prices in the U.S. went up a little on Wednesday. This happened because the Federal Reserve did not change interest rates, as many people thought. But the Fed also said there are more dangers for the U.S. economy.

Stock markets went up today. The S&P 500 went up a little after two days of falling. The Dow Jones went up 284 points, and the Nasdaq also went up a little.

Stock markets changed a lot during the day. This happened because people hoped the US and China would start talking about a trade deal. A trade deal could help the world economy. The US and China are the two biggest economies. They have been putting more taxes on each other's products. This is like a trade fight. People are afraid this could cause money problems. So, they hope that buying and selling can happen more easily between the two countries.

People felt more hopeful when they heard that leaders from the U.S. and China would talk in Switzerland this weekend. But then President Trump said he would not lower the taxes on goods from China. This made people less hopeful. China said that the U.S. must lower these taxes before they can have trade talks. The meetings this weekend are meant to help start these talks.

Because of the uncertainty about tariffs, the U.S. economy has gone up and down a lot. Also, people in the U.S. are feeling less hopeful about the future. But the Fed still thinks the economy is doing well right now.

The head of the central bank, Jerome Powell, said they can wait before changing interest rates. This is true even though Trump wants them to lower rates faster to help the economy.

Powell said, "We don't know many things." So, like others in the financial world, the Fed is waiting to see what will happen with Trump's trade war and if his taxes on goods, which were stronger than people thought, will work as he planned.

This is very true now, especially because the trade war seems to be changing, Powell said. The United States is now having more talks about trade with other countries.

Also, the Fed said it knows the economy is in more danger because of the taxes on imports. These taxes could make it harder to find jobs and make prices go up.

"If prices stay high, it will likely cause prices to rise, the economy to grow slower, and more people to lose their jobs," Powell said.

This situation is called 'stagflation'. It means the economy is not growing, but prices are still going up. This is bad because it is hard for the people in charge to make things better. If they try to help the economy, prices might go up more. If they try to stop prices from going up, the economy might get worse.

Big companies in the U.S. are making more money at the start of 2025 than people expected.

The Walt Disney company's stock price went up a lot, 10.8%. This happened because the company made more money than experts thought it would. Also, they said they expect to make even more money in the future and they got over a million new people to pay for their streaming service.

Companies are also still saying that it's hard to guess their future money because the economy is not sure.

The company Marvell Technology's shares went down 8% because they changed the date of their meeting with investors. They moved it from June to a later time because they are worried about the economy.

The S&P 500 went up by 24.37 points and is now at 5,631.28. The Dow Jones Industrial Average also went up by 284.97 points and is now at 41,113.97. The Nasdaq composite went up by 48.50 and is now at 17,738.16.

In the bond market, the interest you get from government bonds went down after the Fed made an announcement. The interest from a 10-year government bond went down a little, from 4.30% to 4.27% late on Tuesday.

European markets went down, but Asian markets went up.