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DOW, S&P 500, Nasdak is scheduled to bounce with Trump’s tariff that moves hard buoys

American stocks rose to the bell on Monday, looking forward to the sharp losses, as steel makers gathered after President Donald Trump said he would impose a new tariff on steel and aluminum imports.

Dow Jones Industrial MEVERUGY () added 0.3 %, after the blue chip index booked his worst loss in nearly four weeks. The S&P 500 Futures () increased by almost 0.5 %, while contracts on NASDAQ 100 () increased by 0.7 %.

Investors weigh that Trump’s pledge on Sunday to provide an additional 25 % tariff on steel and aluminum from all countries, with the expectation of the official announcement on Monday.

This step represents another escalation in Trump’s quick reform and the possibilities of trade war. The main suppliers in the United States Canada and Mexico – who are already threatened with increased tariffs, are currently temporarily – a major impact.

The markets were already preparing for mutual definitions, which Trump said would be announced on Tuesday or Wednesday, with an immediate impact. The definitions will be applied to all commercial partners and will match the duties imposed on American products by each country.

The new definitions of minerals are likely to benefit US steel companies, whose shares jumped in the pre -market trade. Both shares in Cleveland-Clevs (CLF) and NUCOR (NUE) increased more than 8 %, while the American steel (X) was placed on 6 %-although the questions remain about the proposed acquisition of Nippon Steel. The stock of aluminum product (AA) has also acquired.

But investors are concerned that the increasing list of raising the tariff may lead to increased inflation, and the cuts are likely to stop in the rate of interest. The consumer price index will be seen in January on Wednesday to obtain evidence, in addition to the week’s updates on retail sales.

On the corporate front, 78 S&P 500 companies were appointed to report profits this week. McDonald’s results (MCD) is expected to expect on Monday with Coca -Cola (KO), the superconductor computer (SMCI), and Airbnb (Abnb) to follow up.

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Securities market coverage for Monday, February 10, 2025

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