Stock market today: Nasdaq futures lead S&P 500, Dow lower as Trump's tariffs prey on minds
Published On Feb 25, 2025, 6:27 AM
Recent developments in the financial markets are driven by uncertainty regarding U.S. tariffs on Mexico and Canada and stricter controls on investments between the U.S. and China, which have led to declines in tech stocks and overall market futures. Nasdaq futures fell by 0.4%, while S&P 500 and Dow Jones Industrial Average futures also saw slight declines. Nvidia's upcoming earnings report is a focal point for investors as it will signal the health of AI demand amidst these trade tensions. Home Depot is set to report its earnings, with expectations aimed at a potential recovery amid economic pressures on consumers. Broader economic indicators, including consumer confidence, are being closely monitored as they could influence market sentiment.
Stock Forecasts
NVDA
Negative
Given the renewed concerns over tariffs and their potential weakening impact on economic growth, along with the upcoming earnings report of Nvidia which might reflect challenges in AI demand, this indicates a negative sentiment for tech stocks in short-term trading.
HD
Positive
Home Depot's critical earnings report may showcase a turnaround amid pressure on consumers. Positive results would lead to a bullish sentiment for retail and home improvement sectors.
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