Pre-Market Pulse 3rd February – Stocks lower as investors unnerved by Trump tariffs
Stocks gave up gains to close lower Friday, in a ugly reversal as the White House confirmed that tariffs on Mexico, Canada, and China would begin on Saturday.
Stocks gave up gains to close lower Friday, in a ugly reversal as the White House confirmed that tariffs on Mexico, Canada, and China would begin on Saturday.
Stocks clawed back session losses to finish slightly higher, as investors cheered updates from Meta and Tesla , while the dollar dipped on increasingly erratic tax/tariff policy threats , boosting gold prices to fresh records
The global markets experienced a mixed session overnight, with several key events and corporate earnings reports shaping investor sentiment.
China’s stranglehold on Critical minerals, Manufacturing and now AI with DeepSeek means President Xi may not be that concerned about tariff threats
The DeekSeek panic subsided overnight, seeing a rebound in MAG7 stocks as focus shifts to the Federal Reserve decision due in the early hours of tomorrow morning AEDST .
AI related stocks fell sharply on Monday, led by Nvidia and other chipmakers as popularity of a low-cost Chinese artificial intelligence model raised investor worries about the outlooks for current AI leaders in the United States.
DeepseekAI claims to have built its latest AI models for just $6 million, a fraction of the billions spent by US-based AI companies, threatening the demand for Nvidia’s high grade chips
Stocks hit another fresh record high before giving up some gains Friday as investors digested more corporate earnings and economic data.
Stocks hovered around record highs overnight as investors digested more corporate earnings and remarks from President Donald Trump at Davos in which he said he would demand interest rates be lowered and charge Trillions in tariffs
Stock surged to fresh record in the S&P500 led by a Netflix-led surge in tech as well as a rally in AI stocks after President Donald Trump unveiled a major $500 billion project to boost domestic AI development.
Donald Trump and three major tech leaders have announced a significant joint venture called Stargate to fund AI infrastructure in the United States.
This will drive demand for Copper and Uranium for years to come
Stock markets gained Tuesday, as traders weighed expectations for President Donald Trump’s policies to accelerate economic growth and the threat of tariffs on Canada and Mexico as soon as Feb. 1.