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US Stocks Mixed as Investors Eye Trump's Tariff Shifts and Anticipate Inflation Data
Published on: February 11, 2025, 06:03 PM UTC
A rate hike from the Federal Reserve could be coming this summer due to the US economy's strong growth and the potential impact of Trump tariffs on inflation. Economist Torsten Sløk warns that the market has not yet priced in the prospect of rate hikes, which could lead to a downward adjustment in profit estimates.
Published on: February 11, 2025, 06:03 PM UTC
Fed Chair Powell signals steady rates, digests inflation, Trump policies
Published on: February 11, 2025, 06:02 PM UTC
Tesla (TSLA) has seen a 28% stock decline in less than two months, making it the worst performer among the "Magnificent Seven" tech stocks. Analysts cite concerns about Tesla's sales in overseas markets, damage to its brand due to CEO Elon Musk's association with President Trump, and the impact of Trump's tariffs on the company's costs. Tesla's fourth-quarter EPS missed estimates, and analysts are marking down earnings estimates for 2025 and 2026.
Published on: February 11, 2025, 06:02 PM UTC
Gold prices pulled back slightly on Tuesday after a rapid 10% run year-to-date. Analysts see more upside for gold given recent tariff announcements and the threat of an escalating trade war.
Published on: February 11, 2025, 06:02 PM UTC
Federal Reserve Chair Jerome Powell reassures about the safety of the Treasury's payment system amid concerns raised by Elon Musk's access. He also addresses the Fed's role in overseeing the Consumer Financial Protection Bureau and bank regulations.
Published on: February 11, 2025, 06:01 PM UTC
US Stocks Mixed as Investors Assess Tariff Shifts, Powell Testimony
Published on: February 11, 2025, 06:01 PM UTC
U.S. power consumption is projected to reach record highs in 2025 and 2026, driven by increased demand from data centers and the growing use of electricity for heating and transportation.
Published on: February 11, 2025, 06:00 PM UTC
Humana expects a decline in Medicare Advantage members in 2025, impacting its financial performance. Despite exceeding revenue expectations, the health insurer's shares have fallen due to a quality rating downgrade and projected membership loss.
Published on: February 11, 2025, 05:05 PM UTC
Federal Reserve Chair Jerome Powell signals a cautious approach to adjusting interest rates, emphasizing the need to balance inflation and economic growth while monitoring the impact of President Trump's policies.
Published on: February 11, 2025, 05:05 PM UTC