Stock market today: Dow, S&P 500, Nasdaq futures waver amid Trump tariff moves
Published On Feb 13, 2025, 7:49 PM
US stock futures fluctuated with mixed results as President Trump is set to introduce reciprocal tariffs on trading partners, although their implementation will be delayed until April. This development follows the earlier announcement of a 25% tariff on steel and aluminum. Investors are also keeping an eye on persistently high inflation and retail sales data. Companies like Airbnb, Roku, and GameStop showed significant stock price increases after positive earnings news. Moderna is anticipated to report earnings tomorrow.
Stock Forecasts
SPY
Negative
The introduction of tariffs could lead to increased costs for imported goods and materials, potentially dampening growth for companies reliant on global supply chains. The uncertainty around inflation may further put pressure on markets as investors await further economic data. Companies that are positively impacted by the tariffs or are able to navigate the supply chain challenges, like tech firms, may perform better.
ABNB
Positive
Airbnb has demonstrated exceptional performance by exceeding analyst expectations, which could lead to continued investor interest and bullish sentiment around its stock. Roku's strong earnings also indicate positive momentum that could attract additional investment, further driving stock prices upward. GameStop's new ventures into crypto could reinvigorate interest amidst a broader crypto market rally.
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