U.S. stocks are facing uncertainty as President Trump’s 25% tariffs on Mexico and Canada, along with a 10% duty on China, are set to take effect. Analysts warn these tariffs could increase inflation and reduce corporate profits, complicating supply chains and impacting consumer prices. Recent weak economic data adds to concerns, with the S&P 500 trading at a high valuation compared to its long-term average, indicating potential headwinds for the market.
about US Stocks Face Uncertainty as New Tariffs and Economic Data LoomScott Wren
0 posts last weekApple boosts US stock futures amid inflation concerns and tariff uncertainty
U.S. stock index futures rose as traders anticipated crucial inflation data, while Chevron’s shares fell after disappointing Q4 earnings. The market reacted to uncertainty surrounding potential tariffs on Canadian and Mexican imports, with conflicting reports from the White House adding to volatility. Economic data indicated that the Federal Reserve is likely to maintain interest rates, as inflation and consumer spending showed expected increases.
about Apple boosts US stock futures amid inflation concerns and tariff uncertainty