Stock market today: S&P 500, Nasdaq edge higher with fresh tariffs, Fed minutes in focus

The imposition of tariffs could lead to increased costs for companies like Apple and also dampen sales at others like Etsy due to decreased consumer spending. This creates a risk of downward pressure on stock prices for those companies as earnings expectations adjust lower.

Etsy's disappointing sales results indicate weakness in consumer spending on discretionary items during the holiday season, which is likely to result in a negative sentiment around the stock moving forward.

Super Micro's stock recovery from earlier challenges indicates a bullish momentum, as they've managed to regain trust post-Hindenburg's report, benefiting from strong demand in the tech sector.

Hims & Hers' stock surge reflects strong market reaction to its acquisition that enhances its service offerings and market position, suggesting further upside potential for the stock.

HSBC's strong profit report could strengthen its stock given the financial sector's sensitivity to interest rate policies, hinting at possible price increases ahead.