Wall Street ends mixed as Coca-Cola gains and Tesla drops

Wall Street ends mixed as Coca-Cola gains and Tesla drops

By Noel Randewich and Sukriti Gupta

Tue February 11, 2025 5:22 PM

Seesaw action was evident on all three indexes today but, unlike Monday, Tuesday saw tech mostly in the red and industrials mostly in the black with the Dow posting a respectable 3-digit gain, the S&P broke even coming off a 24 point loss and the Nasdaq recovered halfway from a 135 point loss. The key factors in all this volatility were the CPI data due tomorrow which will give the Fed an updated inflation picture and investors parsing the next rate cuts.  

Wall Street ends higher on AI strength; steelmakers climb on Trump tariff threat

Wall Street ends higher on AI strength; steelmakers climb on Trump tariff threat

By Noel Randewich and Shashwat Chauhan

Mon February 10, 2025 7:35 PM

Tech shot straight up right out the gate and stayed up the rest of the day while industrials went through a seesaw motion but still ended the day with respectable gains, all quite the opposite of Friday’s action though not quite enough to overcome the prior session’s losses. The tariff threat is what brought the market down on Friday and, ironically, a new tariff announcement today on aluminum and steel boosted the market.  

Wall Street closes lower on trade war escalation, weak data

Wall Street closes lower on trade war escalation, weak data

By Abigail Summerville and Shashwat Chauhan

Fri February 7, 2025 4:44 PM

After a very brief and modest rally that lasted only ½ hour (the Dow at +110 at 10 a.m.), all three indexes quickly went downhill and it was a straight shot down all day with big 3-digit losses all around, all three breaking a 3-week winning streak. The much awaited jobs report showed 598,000 fewer jobs vs a forecast of 818,000 and the lowest consumer sentiment numbers in seven months reflects a fear of surging inflation, which consumers expect to rocket to 4.3% this year.  

Wall Street ends mixed in choppy trading; Amazon, jobs report in focus

Wall Street ends mixed in choppy trading; Amazon, jobs report in focus

By Abigail Summerville and Sukriti Gupta

Thu February 6, 2025 6:42 PM

Tariffs went on the backburner and earnings came up front as the Dow took a dive while the Nasdaq and S&P rose. Eyes are on Amazon’s Q4 which came in after hours beating revenue forecasts but below sales in cloud computing. Eli Lilly, Tapestry, and Philip Morris all beat expectations. The good news was an increase in unemployment benefits, which goes along with the lower job openings reported Tuesday, and increased optimism about a June rate cut.  

Wall St ends higher as investors digest earnings, rate cut prospects

Wall St ends higher as investors digest earnings, rate cut prospects

By Abigail Summerville and Shashwat Chauhan

Wed February 5, 2025 5:13 PM

All the indexes started in the red, the Nasdaq deeply in the red about 150 points, but began recovering almost immediately reaching break-even around noon. Though the Nasdaq managed to close just barely in the black, both the S&P and Dow did considerably better, the Dow even closing with a respectable 3-digit gain. The earlier drop was due to a disappointing Google Q4 and the comeback attributed to a gradual recovery of the AI sector after last week’s DeepSeek shock, particularly with Nvidia which boosted up 5.4%.  

Wall Street rises on US-China trade optimism, energy boost

Wall Street rises on US-China trade optimism, energy boost

By Abigail Summerville and Sukriti Gupta

Tue February 4, 2025 4:43 PM

The recovery that started yesterday, though it never did reach break-even, continued in earnest today with all three indexes on a steady upward climb with the Dow and Nasdaq notching 3-digit gains, more than making up Monday’s losses. With the tariffs for Mexico and Canada now on pause, investors took hope today that a similar deal will also be reached with China, though Trump has indicated he is in no hurry to negotiate with Xi.  

Wall Street closes down, pares losses after Trump delays Mexico tariffs

Wall Street closes down, pares losses after Trump delays Mexico tariffs

By Abigail Summerville and Shashwat Chauhan

Mon February 3, 2025 5:34 PM

With the dreaded tariffs due to hit at midnight tonight, the markets plummeted big time, the Dow down over 700 points by 10:30, the Nasdaq an equally disastrous 500 points. It must have been right at 10:30 that Trump made the announcement that the tariffs on Canada and Mexico anyway would be paused for a month as our two neighbors agreed to beef up border enforcement. Almost immediately, there was a huge buy back of all the equities that had been sold earlier as investors had made a mad rush into safe haven assets.