From Barchart: 2025-02-10 01:58:47

Asian stocks struggled as the U.S. dollar rose following Trump’s announcement of steel and aluminum tariff hikes. Concerns over inflation and Fed rate cuts arose.

Trump declared a 25% tariff on steel and aluminum imports, with reciprocal tariffs to follow. Europe and China plan retaliatory measures.

Investors fear inflation from tariffs could limit Fed policy flexibility. Markets have revised rate cut expectations after strong payrolls report.

The dollar strengthened, while Asian markets reacted cautiously to the news.

Wall Street futures fluctuated amid trade tensions and upcoming earnings reports.

Investors are assessing strategies amidst trade tensions. Financial Modeling Prep APIs can aid in analyzing company fundamentals and sector reactions to tariffs.

As markets navigate uncertainty, staying informed and adjusting strategies will be crucial.



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