SHAREALAM
SHAREALAM
February 10, 2025 at 03:37 AM
🇺🇸 US Stock Market Highlights (Friday) 📈 Index Performance - Dow Jones: -0.99% - NASDAQ: -1.36% - S&P 500: -0.95% 📉 Key Factors - Markets ended lower as inflation fears and tariff concerns triggered a sell-off. - Tariff Concerns: President Trump signaled plans for reciprocal tariffs on trading partners, potentially raising tariff levels across the board. - Consumer Sentiment Drop: February’s preliminary University of Michigan index fell to 67.8 (vs. expected 71.3**), while inflation expectations rose to **4.3%, the highest since Nov 2023. 📊 Growth Stocks & Earnings Reactions - Amazon (-4%): Weak Q1 guidance—forecasting 5% to 9% growth, its slowest on record. - Alphabet (-3.3%): Continued to slide after disappointing earnings earlier in the week. 📊 Economic Data - Jobs Report: January unemployment rate fell to 4.0% (vs. 4.1% expected). - Average Hourly Earnings: Increased more than expected, adding to inflation concerns. 💹 Other Assets - Dollar Index: 108.1 💲 - US 10-Year Yield: 4.5% - Brent Crude: $74.7/barrel ⛽ - Gold: $2,863/ounce 🏆 - Bitcoin: $96,970 💸 📆 Cues to Track This Week - Inflation expectations remain key as markets digest tariff risks and economic data.

Comments