US Stocks Rise on Trump's Second Inauguration

Key Points:

* US stocks opened higher on Tuesday after President Donald Trump's second inauguration.
* Investors digested Trump's initial policy moves, including hinted tariffs on Mexico and Canada.
* The Dow Jones Industrial Average rose over 500 points, while the S&P 500 gained nearly 0.9%.
* Netflix shares surged after reporting strong subscriber growth and earnings.
* Trump indicated that he may impose 25% tariffs on Mexico and Canada starting February 1st.
* Market volatility is expected as Trump's administration implements new executive orders.

Market Highlights:

* Dow Jones Industrial Average (^DJI): +1.24%
* S&P 500 (^GSPC): +0.88%
* Nasdaq Composite (^IXIC): +0.64%
* Netflix (NFLX): +14.08% (after-hours)
* Nvidia (NVDA): +2.55%
* Apple (AAPL): -3.95%
* Tesla (TSLA): -4.14%

Company News:

Netflix (NFLX):

* Released strong fourth-quarter earnings, exceeding analyst expectations.
* Subscriber growth soared, with a record-breaking 18.9 million new users.
* Announced a $15 billion stock buyback and raised its full-year revenue outlook.
* Plans to implement price increases across most plans.

3M Company (MMM):

* Reported solid fourth-quarter earnings, driven by strong demand.
* Continued to benefit from the recovery in industrial and automotive sectors.

Apple (AAPL):

* Faced downgrades from Wall Street analysts over concerns about weak iPhone sales in China.
* Lost 18% of its iPhone sales in China during the holiday quarter.

Tesla (TSLA):

* Dropped after Trump revoked a pro-electric vehicle policy from the previous administration.
* The policy mandated that half of new US cars manufactured by 2030 be electric.

Energy and Economy:

* Oil prices declined on concerns about a trade war's impact on growth and consumption.
* Trump signed an executive order declaring a "national energy emergency" to promote domestic production.

Other Highlights:

* The US dollar weakened as Trump avoided implementing broad-based tariffs on his first day in office.
* Bitcoin held steady after initially retreating from record highs.
* Coinbase CEO suggested that a bitcoin strategic reserve could be created under the Trump administration.