Wall Street ends higher after Trump unveils tariff plan
By Noel
Randewich and Sukriti
Gupta
Thu February 13, 2025 4:13 PM
Yesterday the three indexes were sunk by a less than glowing CPI report. Today the PPI and PCE reports, though not exactly glowing, were at least much closer in line with expectations and that triggered some relief in confidence and spurred another day of 3-digit gains. Trump’s announcement today of reciprocal tariffs provided a little more clarity about policy and that also provided some relief and more buying. However, the bottom line remains as expressed by today’s expert, “Investors were also preparing for kind of an alarmingly high inflation number, based on tariffs.” Volume came in very close to the 15.0 billion average at 15.3 billion.
DJ: 44,368.56 -225.09 NAS: 19,649.95
+6.09 S&P: 6,051.97
-16.53 2/12
DJ: 44,711.43 +342.87 NAS: 19,945.64 +295.69 S&P: 6,115.07
+63.10 2/13
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