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You are at:Home » Wall Street Week ahead: Focus on Trump’s mutual tariffs, inflation data and Jerome Powell’s testimony
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Wall Street Week ahead: Focus on Trump’s mutual tariffs, inflation data and Jerome Powell’s testimony

Adnan MaharBy Adnan MaharFebruary 9, 2025No Comments2 Mins Read1 Views
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The future focus of Wall Street investors will primarily focus on the expected mutual trade tariffs by US President Donald Trump and key economic data such as consumer price inflation and retail sales.

This week we also see testimony from Speaker Jerome Powell to the US Congress.

On Friday, President Trump said he could announce “mutual tariffs” on Monday or Tuesday without specifying which countries could be affected.

“We’re going to announce mutual trade next week, so we’ll be treated equally with other countries,” Trump said. “I don’t want any more.”

During the revenue season, some major companies, including McDonald’s, Coca-Cola, Unilever, and the Cisco System, report their financial results.

Economic Calendar

A report on the January NFIB Optipism Index will be released on Tuesday, February 11th. Chairman Jerome Powell is scheduled for the first day of US Congress testimony.

On Wednesday, February 12th, data on the January Consumer Price Index (CPI) will be declared. Powell’s second day of testimony to Congress is scheduled.

January Producer Price Index (PPI) data will be declared on Thursday, February 13th.

On Friday, February 14th, data on January import price index and January retail sales data will be released for January industrial production.

Revenue

The following companies are McDonald’s, Apex Drugs, Arch Capital Group, Orix, Semiconductor, Coca-Cola, S&P Global, Shopify, Gilead Sciences, BP, Cisco Systems, Applovin, Eq uinix, Cmee, etc., one week ago in the fourth quarter We plan to report revenue. Groups, CVS Health, Williams, Unilever, Applied Materials, Sony, Deere, Coinbase Global, Natwest, Ameren, and Moderna.

Last week’s market

The US stock index closed on Friday after President Donald Trump said he plans to announce mutual tariffs in many countries.

The Dow Jones’ industrial average fell to 444.23 points (0.99%) to 44,303.40, with the S&P 500 losing 57.58 points (0.95%) to 6,025.99, and the NASDAQ Composite losing 268.59 points, or 1.36% to 19,523.40.になったんです。 English: The first thing you can do is to find the best one to do.

That week, the Dow ended 0.54% lower. S&P fell by 0.24% and Nasdaq fell by 0.53%.

The Treasury yield rose from 4.48% in 2010 from 4.44%. The two-year financial yield rose from 4.22% to 4.28%.



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Adnan Mahar
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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