U.S. stocks were muted on Wednesday, as uncertainty prevailed on Wall Street after the release of two conflicting sets of jobs data and a report that said President-elect Donald Trump was mulling a national economic emergency declaration.

President-elect Donald Trump denied a report about his transition team developing a tariff plan that would be more restrained than his campaign proposals.

President-elect Donald Trump is calling a report from The Washington Post about him considering scaling back his tariff plans, “fake news.”

President-elect Donald Trump could use the International Economic Emergency Powers Act, a threat he has made before.

U.S. President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries, CNN reported on Wednesday,