
Eagle Eye Network
February 11, 2025 at 02:49 AM
🇺🇸 Markets end higher as investors shrug off tariff worries
US Markets on Monday
#dowjones +0.38%
#nasdaq +0.98%
S&P500 +0.67%
McDonald +4.8% lead Dow Jones higher 🍔
But Markets remains jittery on a mix of
😨 Inflation worry
😨 Trump’s tariffs could adversely affect the U.S. economy
President Donald Trump signed an order Monday evening for a 25% tariff on steel imports ✍️
Raised tariffs on aluminum to 25%.
Both levies will take effect March 4
Reaction 🚀
U.S. Steel +4.8%
Nucor +5.6%
Cleveland-Cliffs +18%
Alcoa +2.2%
Chipmakers bounceed back as sentiment appeared to improve after the late January sell-off owing to emergence of Chinese AI startup DeepSeek 🚀
Nvidia +2.9%
Broadcom +4.5%
Micron +3.9%
Other Assets
🇺🇸 10 year yield at 4.5%
💲 Dollar Index at 108.3
⛽️ Brent Crude at $75.9/barrel
💸 Bitcoin at 98000$
🪙 Gold at $2,904/ounce
Results due today 👉 Coca-Cola, Humana, Lyft & Super Micro Computer
Key Events this Week
Tuesday 👉 Federal Reserve Chair Jerome Powell will also speak before Congress
Wednesday 👉 January consumer price index
Thursday 👉 Initial weekly jobless claims & the producer price index