Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » Dow, S&P 500, Nasdaq slip with Trump tariff power move, rate cuts in focus
    Cryptocurrency News

    Dow, S&P 500, Nasdaq slip with Trump tariff power move, rate cuts in focus

    userBy userJanuary 8, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Another day, another report suggesting President-elect Donald Trump will look for creative solutions to impose broad tariffs on America’s trading partners.

    CNN’s Kayla Tausche reported early Wednesday that Trump “is considering declaring a national economic emergency to provide legal justification for a large swath of universal tariffs on allies and adversaries.”

    Following the report, stock futures pared gains and traded into negative territory.

    About an hour before the market open, futures were little changed.

    Wednesday’s market reaction is the inverse of what investors saw Monday when a report from the Washington Post suggested Trump may look to narrow the scope of his tariff proposals. After markets cheered that story, the president-elect denied it.

    But the back-and-forth seen in the major stock indexes on Trump’s tariff bluster continues to play second fiddle to the most important factor for investors right now: the Federal Reserve.

    Tuesday’s sell-off is the latest case in point.

    Inflation data inside the ISM’s latest manufacturing PMI report, coupled with job openings data that showed an uptick in labor demand during November, saw markets price out another 0.25% rate cut from the Fedin 2025.

    In turn, the Nasdaq fell almost 2% with stalwarts like Nvidia (NVDA) losing 6% after reaching an all-time high earlier in the session.

    As Trump’s inauguration approaches, investors and newshounds will see many echoes of the run-up to his 2017 inauguration in recent newsflow — everything is on the table: renaming bodies of water, annexing Greenland, and so on.

    Because markets don’t jump to price in the maximum risk posed by every Trump proposal doesn’t mean they don’t matter.

    But the Fed meets times a year to vote on monetary policy, and interest rates are the most important driver of stock prices over the long term.



    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleAmazon workers in North Carolina to hold union vote next month
    Next Article Potential contenders to replace Trudeau as Canadian prime minister By Reuters
    user
    • Website

    Related Posts

    What Does It Mean to Be Risk Neutral as an Investor?

    January 18, 2025

    SLB boosts dividend and buybacks, but warns of oil oversupply

    January 17, 2025

    Intel Stock Soars as Takeover Speculation Spreads

    January 17, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d