Stock indexes are down today due to uncertainty over American trade policy. President Trump signed an executive order increasing global tariffs, leading to risk-off sentiment. Geopolitical risks are also weighing on stocks, with US-Iran nuclear talks resuming and potential military action against Iran. US Jan Chicago Fed National Activity Index rose to a 9-month high. Fed Governor Waller’s interest rate decision hinges on February labor market data. Earnings reports and economic news will dominate this week, with corporate earnings and economic indicators to watch. Q4 earnings season is wrapping up with positive results. Market is discounting a 5% chance of a rate cut at the next FOMC meeting. Overseas stock markets are higher. Interest rates are up as stocks fall, concerns over Trump’s tariff policy. European government bond yields are lower. German Feb IFO business climate survey shows improvement. Swaps indicate a 2% chance of an ECB rate cut. Stock movers include packaging and software stocks falling, while AppLovin, VF Corp, and Oklo Inc are down. Arcellux Inc surges after Gilead acquisition announcement, Veris Residential up after acquisition deal. Texas Pacific Land Corp leads gainers, Domino’s Pizza and Eli Lilly up. Earnings reports for 2/23/2026 include Diamondback Energy, Dominion Energy, Domino’s Pizza, Erie Indemnity, Keysight Technologies, and ONEOK Inc.

Read more at Yahoo Finance: Stocks Slip on US Trade Uncertainty