American actions climbed in front of the bell on Monday, looking at a rebound in net losses while the steel industry gathered after President Donald Trump said he would impose new prices for imports of steel and aluminum.
Dow Jones Industrial Average Futures () added 0.3%, after the first -order blue index on Friday reserved his worst loss in almost four weeks. Future S&P 500 () increased by about 0.5%, while contracts on the Nasdaq 100 () jumped 0.7%.
Investors weigh Trump’s commitment on Sunday to Present additional 25% tariffs on steel and aluminum From all countries, with the official announcement scheduled for Monday.
This decision marks another climbing of the Rapid Policy overhaul of Trump and the chances of a trade war. Main American suppliers from Canada and Mexico – already threatened with pricing hikes, currently on break – faced with a significant impact.
The markets were already preparing for reciprocal prices, which, according to Trump, will be announced Tuesday or Wednesday, with immediate effect. The prices will apply to all trade partners and correspond to the tasks devoted to American products by each country.
The prices of new metals are likely to benefit from American steel companies, the stock of which jumped in the market before the market. Actions of Cleveland-Cliffs (Clf) and Nucor (Naked) Both increased by more than 8%, while weX) Put 6% – however Questions remain About a repurchase of Japanese in proposed steel. Aluminum producer Alcoa (AA) The stock has also won.
But investors fear that the growing list of pricing increases can increase inflation, likely to stall interest rate reductions. THE January consumer price index Wednesday’s reading will be closely monitored for clues, in parallel with the updates of the week on retail sales.
On the company’s front, 78 S&P 500 companies are expected to publish profits this week. McDonald’s (MCD) The results are expected on Monday, with Coca-Cola (Ko), Super micro computer (SMCI), and airbnb (Abnb) to follow.
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Breast market coverage for Monday, February 10, 2025
