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'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.

The Wall Street Journal took what appeared to be yet another swipe at Donald Trump on Thursday. The conservative newspaper’s editorial board asked a question of the president following his call on his Truth Social platform for lower interest rates ― which he claimed “would go hand in hand” with the currently-paused tariffs he is slapping on imports — but which he made amid an ongoing increase in inflation.

U.S. stocks are rising Thursday as big companies keep reporting bigger profits than expected. Wall Street mostly yawned at the latest announcement on tariffs by President Donald Trump, which may not take full effect for months.