S&P 500, Dow climb as Fed warns of inflation and job risks tied to tariffs

On Wednesday, stocks rose despite fresh warnings from the US Federal Reserve that both inflation and unemployment risks are rising, as global trade tensions and tariff policies threaten to complicate economic recovery efforts. 

The S&P 500 gained 0.43 percent to close at 5,631.28, the Nasdaq Composite rose 0.27 percent to 17,738.16, and the Dow Jones Industrial Average added 284.97 points, or 0.70 percent, to end at 41,113.97, according to CNBC.  

A nearly 11 percent jump in Disney shares, after stronger-than-expected second-quarter earnings and a surprise rise in streaming subscribers, lifted the Dow.