On Wednesday, U.S. stock indices showed growth after the U.S. Commerce Secretary Howard Lutnick's statement on possible easing of tariffs on imports from Canada and Mexico. Earlier, President Donald Trump imposed 25% tariffs on shipments from those countries, affecting goods such as automobiles and auto parts. Amid the news, shares of of automakers, including Ford, General Motors and Tesla, showed gains in in pre-market trading. In addition, investors took a positive view of Trump's intention to extend tax cuts. Trump's intention to extend the 2017 tax cuts, which supported the market sentiment. Contracts on the S&P 500 and the Nasdaq showed significant gains.