Markets Waver as Tariff Tensions Rise and Investors Await Key Economic Data | Daily Market Analysis
Key events: USA - Durable Goods Orders (MoM) (Jan) USA - GDP (QoQ) (Q4) USA - Initial Jobless Claims The S&P 500 managed to scrape out a gain on Wednesday but finished well below session highs as renewed tariff worries dampened investor sentiment ahead of Nvidia’s (NASDAQ: NVDA) highly anticipated earnings release. By the closing bell at 4:00 p.m. ET, the benchmark index was down 0.2%, while the Nasdaq Composite rose 0.3%. The Dow Jones Industrial Average, however, lost 186 points, or 0.4%.
Markets React as Trump Pauses Tariffs, Earnings Season Kicks Off Amid Global Currency Shifts | Daily Market Analysis
Key events: USA - JOLTS Job Openings (Dec) USA - FOMC Member Bostic Speaks USA - FOMC Member Daly Speaks US stocks ended lower on Monday but pared earlier losses after President Donald Trump announced a temporary halt to planned tariffs on Mexico, easing fears of an escalating global trade war. The Dow Jones Industrial Average slipped 161 points (0.4%), while the S&P 500 dropped 0.9%, and the NASDAQ Composite fell 1.3%.