Internet reported that on Wednesday, the U.S. stock market hovered between slight gains and slight losses. Investors analyzed the minutes of the Federal Reserve's January policy meeting and digested the tariff measures announced by Trump. The S & P 500 index is expected to hit a record closing record for the second consecutive day, with the Nasdaq basically flat and the Dow slightly lower. "Faced with high valuations, lowered first-quarter earnings expectations and uncertainty in global trade, the market still leans on the positive side," said Sam Stovall, chief investment strategist at CFRA Research in New York. Policymakers expressed concern about the potential impact stubborn inflation and Trump's policy proposals, particularly tariffs, could have on their efforts to bring price growth down to target after minutes of the Federal Reserve's January meeting showed. Stovall added: "The Fed will continue to rely on data and they are in no hurry to cut rates. There is nothing new (true), but there is nothing unexpected negative at the same time."