The Globe and Mail reports in its Wednesday, Feb. 12, edition that major North American indexes closed with mixed results on Tuesday. A Reuters dispatch to The Globe reports that gains in Coca-Cola and Apple helped offset losses in Tesla, while investors considered the latest comments from Federal Reserve Chairman Jerome Powell. The TSX, however, finished slightly down as lower metal prices negatively impacted the materials sector. The Fed is in no rush to cut its short-term interest rate again given the economy is "strong overall," with low unemployment and inflation still above the Fed's 2-per-cent target, Mr. Powell said in opening remarks at a Senate banking committee hearing. Investors were on the lookout for any new tariff comments from U.S. President Donald Trump after he raised levies on steel and aluminum imports, promising announcements about reciprocal tariffs on countries imposing duties on U.S. goods. U.S. Bank Wealth Management's Terry Sandven says, "The level of uncertainty is high, which implies increased volatility." Traders expect at least one 25-basis-point rate cut from the Fed this year, and a 44-per-cent chance of another reduction of the same magnitude, according to LSEG data.