President Trump’s recent tariffs on Canada, Mexico, and China are expected to push PCE inflation towards 3% in the latter half of the year, according to Capital Economics’ Paul Ashworth. The market’s negative reaction highlights concerns over potential further tariffs on the EU and specific sectors like semiconductors and agriculture.
about Trump Tariffs Spark Market Concerns and Inflation Predictions
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S&P 500 Reaches Record High as Intel and Walgreens Stocks Surge
The S&P 500 gained 0.2% on February 18, 2025, marking a record close, driven by Intel’s 16% surge amid reports of potential deals involving TSMC and Broadcom. Medtronic shares fell over 7% after missing sales estimates, while Walgreens Boots Alliance rose 14% on renewed acquisition interest. Conagra Brands and UnitedHealth Group also faced declines due to lowered sales guidance and regulatory concerns, respectively.
about S&P 500 Reaches Record High as Intel and Walgreens Stocks SurgeStock Market Declines Amid Tariff Concerns and Mixed Earnings Reports
Stocks opened higher but fell after the White House announced tariffs against Mexico, Canada, and China. The December Personal Consumption Expenditures Price Index showed inflation pressures easing, with personal income rising 0.4% and consumer spending up 0.7%. Notable stock movements included Apple, which ended down 0.7% after missing iPhone revenue expectations, and Walgreens, which plunged 10.3% after suspending its dividend to strengthen its balance sheet. The Dow closed down 0.8%, the S&P 500 fell 0.5%, and the Nasdaq dropped 0.3%.
about Stock Market Declines Amid Tariff Concerns and Mixed Earnings ReportsApple boosts stock market as Wall Street recovers from weekly losses
Wall Street rebounded as strong earnings from major companies like Apple helped reduce earlier losses, with the S&P 500 up 0.4% and on track for a minimal weekly decline. Apple shares rose 4.2% after exceeding profit expectations, while Walgreens Boots Alliance fell 12% after suspending its dividend. Inflation data showed a rise to 2.6% in December, prompting the Fed to maintain interest rates to combat rising prices.
about Apple boosts stock market as Wall Street recovers from weekly lossesStock Market Update Apple Downgraded Walgreens Falls Moderna Rises
Stocks are poised to rise as Treasury yields decline amid tariff relief. Apple shares fell 1.3% after a downgrade from Jefferies, citing weak iPhone sales, while Walgreens Boots Alliance dropped 7% following a lawsuit related to the opioid crisis. In contrast, Moderna gained nearly 5% after receiving $590 million for a bird flu vaccine, and Intel rose over 4% amid takeover rumors.
about Stock Market Update Apple Downgraded Walgreens Falls Moderna RisesDow Jones Falls Sharply Amid Strong Jobs Data and Rising Inflation Concerns
Stocks plummeted as the Dow dropped 697 points following a robust jobs report, which heightened inflation expectations and dampened rate-cut hopes. Constellation Energy surged 25.2% after announcing a $26.6 billion acquisition of Calpine, while Walgreens Boots Alliance and Delta Air Lines saw significant stock gains after exceeding earnings expectations.
about Dow Jones Falls Sharply Amid Strong Jobs Data and Rising Inflation ConcernsStocks to Buy and Sell This Week AMD and Constellation Brands
U.S. stocks closed higher on Friday, but all major indexes posted weekly declines, with the S&P 500 down 0.5%. This week, focus shifts to the U.S. jobs report and the Federal Reserve’s meeting minutes, while Advanced Micro Devices (AMD) is recommended as a buy ahead of its CES 2025 GPU showcase, and Constellation Brands is advised as a sell due to disappointing earnings.
about Stocks to Buy and Sell This Week AMD and Constellation BrandsMarket Outlook for the Week: Jobs Report and Earnings Highlights
Financial markets will close on Thursday for the funeral of former President Jimmy Carter, leading to a shortened trading week. Key data releases include the December jobs report on Friday, along with private-sector employment and initial jobless claims earlier in the week. Earnings reports from Delta Air Lines, Walgreens Boots Alliance, and others are also anticipated, while the Federal Reserve will release minutes from its December meeting and several officials are scheduled to speak.
about Market Outlook for the Week: Jobs Report and Earnings Highlights