{"id":48890,"date":"2025-02-11T15:01:44","date_gmt":"2025-02-11T15:01:44","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-today-tariffs-earnings-and-fed-chair-testimony-shape-trading-landscape\/48890\/"},"modified":"2025-02-11T15:01:44","modified_gmt":"2025-02-11T15:01:44","slug":"stock-market-today-tariffs-earnings-and-fed-chair-testimony-shape-trading-landscape","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-tariffs-earnings-and-fed-chair-testimony-shape-trading-landscape\/48890\/","title":{"rendered":"Stock Market Today: Tariffs, Earnings, and Fed Chair Testimony Shape Trading Landscape"},"content":{"rendered":"<p>The stock market on Tuesday, February 11, 2025, is navigating a complex landscape of tariffs, corporate earnings, and anticipated testimony from Federal Reserve Chair Jerome Powell. As investors digest these developments, major indexes are showing mixed performance in early trading.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-tariffs-earnings-and-fed-chair-testimony-shape-trading-landscape\/48890\/#Current_Market_Performance\" >Current Market Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-tariffs-earnings-and-fed-chair-testimony-shape-trading-landscape\/48890\/#Tariffs_Impact_Steel_and_Aluminum_Stocks\" >Tariffs Impact Steel and Aluminum Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-tariffs-earnings-and-fed-chair-testimony-shape-trading-landscape\/48890\/#Corporate_Earnings_in_Focus\" >Corporate Earnings in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-tariffs-earnings-and-fed-chair-testimony-shape-trading-landscape\/48890\/#Upcoming_Market_Events\" >Upcoming Market Events<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-tariffs-earnings-and-fed-chair-testimony-shape-trading-landscape\/48890\/#Major_Stock_News\" >Major Stock News<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-tariffs-earnings-and-fed-chair-testimony-shape-trading-landscape\/48890\/#Market_Outlook\" >Market Outlook<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Current_Market_Performance\"><\/span>Current Market Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As of 9:30 AM EST, the major U.S. stock indexes are trending lower:<\/p>\n<p>&#8211; The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a><\/b> is down 0.28% at 6,056.25 points<br \/>&#8211; The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average<\/b> has slipped 0.16% to 44,398.20<br \/>&#8211; The <b>Nasdaq Composite<\/b> is down 0.20% at 19,675.48<\/p>\n<p>This slight downturn comes after a positive session on Monday, where the Nasdaq Composite led gains with a 1% increase, while the S&#038;P 500 and Dow Jones rose 0.7% and 0.4% respectively.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tariffs_Impact_Steel_and_Aluminum_Stocks\"><\/span>Tariffs Impact Steel and Aluminum Stocks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A significant factor influencing today&#8217;s market is President Donald Trump&#8217;s executive order implementing 25% tariffs on steel and aluminum imports. The tariffs, set to take effect on March 4, 2025, will apply to approximately 25 million tons of steel that the U.S. imports annually, primarily from Canada, Mexico, Brazil, and South Korea.<\/p>\n<p>The news has boosted U.S. metal producer stocks for a second consecutive day:<\/p>\n<p>&#8211; <b>Cleveland-Cliffs (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CLF\">CLF<\/a>)<\/b> is up 4% in <a href=\"https:\/\/stockmarketwatch.com\/movers\/premarket\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">premarket<\/a> trading<br \/>&#8211; <b>Nucor (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NUE\">NUE<\/a>)<\/b>, <b>Steel Dynamics (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=STLD\">STLD<\/a>)<\/b>, <b>U.S. Steel (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=X\">X<\/a>)<\/b>, and <b>Alcoa (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AA\">AA<\/a>)<\/b> are also showing gains<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_Earnings_in_Focus\"><\/span>Corporate Earnings in Focus<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Earnings reports continue to influence individual stock performances:<\/p>\n<p>&#8211; <b>Coca-Cola (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=KO\">KO<\/a>)<\/b> shares are up 3.69% after beating Q4 expectations with revenue of $11.54 billion and adjusted earnings per share of $0.55<br \/>&#8211; <b>DuPont (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=DD\">DD<\/a>)<\/b> has surged 4.88% following strong quarterly results<br \/>&#8211; <b>Shopify (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SHOP\">SHOP<\/a>)<\/b> is down 2.00% ahead of its earnings report today<\/p>\n<p>Other companies reporting earnings today include <b>Energy Transfer (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=ET\">ET<\/a>)<\/b>, <b>Lyft (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=LYFT\">LYFT<\/a>)<\/b>, <b>Upstart (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=UPST\">UPST<\/a>)<\/b>, and <b>Super Micro Computer (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SMCI\">SMCI<\/a>)<\/b>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_Market_Events\"><\/span>Upcoming Market Events<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>Federal Reserve Chair Jerome Powell&#8217;s testimony<\/b> before Congress is the most anticipated event today. Powell will address the Senate at 10 AM EST, providing updates on the U.S. economy and the Fed&#8217;s progress in returning inflation to its 2% target. Market participants will be closely watching for any hints about future monetary policy decisions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Major_Stock_News\"><\/span>Major Stock News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&#8211; <b>OpenAI<\/b> CEO Sam Altman has declined an offer from an Elon Musk-led investment group to take control of the ChatGPT maker<br \/>&#8211; <b>BP (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=BP\">BP<\/a>)<\/b> announces plans to &#8220;fundamentally reset&#8221; its strategy<br \/>&#8211; <b>Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>)<\/b> remains in focus, up 0.06% as one of the most actively traded stocks<br \/>&#8211; <b>Intel (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=INTC\">INTC<\/a>)<\/b> shows strength with a 4.63% gain in early trading<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Outlook\"><\/span>Market Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As investors navigate today&#8217;s complex market environment, several factors are shaping sentiment:<\/p>\n<p>1. The impact of new tariffs on global trade relations<br \/>2. Ongoing corporate earnings reports and their implications for company valuations<br \/>3. Federal Reserve policy outlook and its effect on interest rates<br \/>4. Geopolitical tensions and their potential impact on global markets<\/p>\n<p><b>Treasury yields<\/b> are inching higher, with the 10-year note yield near 4.515%, reflecting market expectations for future economic conditions and monetary policy.<\/p>\n<p>In commodities, <b>WTI crude oil futures<\/b> are up 1.13% at $73.14 per barrel, while <b><a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a> futures<\/b> have slipped 0.29% to $2,926.00 per ounce.<\/p>\n<p>As the trading day unfolds, market participants will be closely monitoring Powell&#8217;s testimony and any developments related to the newly announced tariffs. These factors, combined with ongoing earnings reports, are likely to drive market sentiment and trading activity throughout the session.<\/p>\n<p>Investors are advised to stay informed about these key events and their potential impact on various sectors and individual stocks as they make investment decisions in this dynamic market environment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The stock market on Tuesday, February 11, 2025, is navigating a complex landscape of tariffs, corporate earnings, and anticipated testimony 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