Market

US stocks rose Monday, aiming for a rebound as investors looked beyond President Trump's latest tariff threats, including new levies on steel and aluminum imports.

Published on: February 10, 2025, 07:01 PM UTC

US stocks rebounded on Monday after investors looked past the latest trade tensions caused by President Trump's tariff announcements, which included new levies on steel and aluminum imports. The Dow Jones Industrial Average climbed 0.2%, the S&P 500 rose 0.6%, and the Nasdaq Composite surged 1.1% as AI chip giant Nvidia's shares soared. Investors weighed Trump's additional 25% tariffs on steel and aluminum from all countries, with the official announcement made on Monday. The metals tariffs are expected to benefit US steel companies, whose stocks jumped.

Published on: February 10, 2025, 07:00 PM UTC

Emerson Electric's $265/share offer for Aspen Technology is its "best and final" price, the company said, despite opposition from activist investor Elliott Management.

Published on: February 10, 2025, 07:00 PM UTC

US stocks rebounded on Monday, boosted by a potential bounce back in steelmakers after President Donald Trump announced new tariffs on steel and aluminum imports. Investors are closely monitoring Trump's pledge to impose additional tariffs on these materials from all countries, and the market's gains suggest they are adapting to his trade policies. Concerns remain about the potential inflationary impact of these tariffs, but overall sentiment is positive as earnings season kicks off this week with reports from major companies like McDonald's and Coca-Cola.

Published on: February 10, 2025, 06:02 PM UTC

Yahoo Finance’s Executive Editor Brian Sozzi discusses the potential impact of a full-scale US trade war with prominent economist Torsten Sløk of Apollo Global Management. They delve into the possibility of a "stagflationary shock" to the US economy, the market's response to tariffs, and the potential risks and implications for investors.

Published on: February 10, 2025, 06:02 PM UTC

Gold prices reached a new record of $2,900 on Monday as tensions regarding trade and tariffs continue to drive up demand for the precious metal.

Published on: February 10, 2025, 06:01 PM UTC

UK officials are seeking to avoid tariffs on steel and aluminum imports from the US.

Published on: February 10, 2025, 06:00 PM UTC

President Donald Trump sets to make three major trade announcements this week, including 25% tariffs on steel and aluminum, reciprocal tariffs, and moves against China, Canada, and Mexico.

Published on: February 10, 2025, 05:03 PM UTC

US stocks climbed Monday, expecting a rebound from sharp losses as steelmakers rallied after President Donald Trump said he would impose new tariffs on steel and aluminum imports.

Published on: February 10, 2025, 05:02 PM UTC

Leading economists caution against potential stagflation shock from a full-scale US trade war as markets hover near record highs.

Published on: February 10, 2025, 05:02 PM UTC