Volatility in markets due to Trump tariffs and tech earnings reports

From Nasdaq: 2025-02-07 12:58:33

The first week of February was filled with volatility, starting with President Trump’s announcement of tariffs on Mexico and China, which were later paused. Big Tech earnings reports influenced market momentum, while Treasury yields and gold prices were in focus. Despite the ups and downs, all major indexes closed the week higher.
Alphabet had a rough week with a revenue miss, while Palantir surged to record highs. AMD faced a post-earnings meltdown, and PayPal struggled despite strong financial figures. Amazon reported a fourth-quarter beat but issued a softer-than-expected guidance for the current quarter.
Trump’s tariffs impacted individual stocks like Constellation Brands, Nike, and Lululemon. Cryptocurrency-related stocks dropped due to uncertainty around Bitcoin. Meta Platforms saw speculation on potential benefits from a second Trump administration.
Next week, investors can expect more inflation data, retail sales data, and speeches from Fed officials. Companies like Airbnb, CVS Health, and McDonald’s are set to report earnings. Traders are advised to be cautious moving forward.



Read more at Nasdaq: Trump Tariffs, Tech Turmoil, & Red-Hot Gold: A Quick Rundown