Headlines

• Stock market today: S&P 500 ends above session lows on easing trade war jitters

• Stock market today: S&P 500, Nasdaq sink, Dow claws back as Mexico gets Trump tariff reprieve

Main cause: Trump’s tariffs against Canada and China.

• Palantir forecasts 2025 revenue above estimates on AI strength, shares surge

The company’s customer count grew 43% in 24Q4

• Trump warns China of higher tariffs ahead of talks

• Trump pauses Mexico tariffs for one month after agreement on border troops

Mexico President Claudia Sheinbaun will send 10k Mexican troops to the borders to stop flow of fentanyl, and illegal immigrants to the US.

• Trump signs order establishing a sovereign wealth fund that he says could buy TikTok

Such vehicle is generally used by smaller nations with vast natural resources and fiscal surpluses – like China, Norway, and Singapore.

• Vanguard announces fee cuts for nearly 100 funds, including ETFs with billions of dollars in assets

• New tariffs could raise home prices and sideline potential buyers

Homebuilder association asked Trump to exempt building materials from tariffs. Oil companies voiced the need for exemption for Canadian oil earlier this week.

• In a switch, Trump approves of the Fed’s decision to hold interest rates steady

Said “Holding the rates at this point was the right thing to do.”

• Auto stocks slip on fears Trump tariffs will harm industry

$TSLA fell 5.2% likely due to its using parts manufactured in Canada and Mexico.

• Nvidia stock falls as Trump’s tariffs send shockwaves across the market

Last week $NVDA was hurt from the possibility of sanctions over H20 chips, which were made to be China-export compliant.

• Trump tariffs mean Canadian whisky importers may pass costs to Americans