Wall Street's main indexes were muted on Friday, though set for firm weekly advances as Treasury yields continued to decline a day after U.S. President Donald Trump unveiled his reciprocal tariff plans but stopped short of imposing new ones.

NEW YORK — U.S. stocks rallied to the brink of a record Thursday after more companies reported fatter profits than expected. Wall Street mostly yawned, again, at the latest announcement on tariffs by President Trump, which may not take full effect for at least several weeks.

Wall Street held relatively firm after President Trump’s latest tariff escalation and after the Federal Reserve hinted interest rates may not change soon.