Stocks ended the first week of February mostly unchanged as investors digested corporate earnings from Big Tech companies, a hotter-than-expected January jobs report, and ongoing updates on President Donald Trump’s tariff policies, Josh Schafer reported for Yahoo Finance.
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For the week, the S&P 500 remained roughly flat, while the Nasdaq Composite and Dow Jones Industrial Average declined by about 0.4%. I Photo: Nasdaq
For the week, the S&P 500 remained roughly flat, while the Nasdaq Composite and Dow Jones Industrial Average declined by about 0.4%.
Looking ahead, inflation will take center stage, with the Consumer Price Index (CPI) set for release on Wednesday morning. Updates on wholesale inflation and retail sales will also be closely watched.
Investors will also be paying attention to Trump's planned announcement of new 25% tariffs on steel and aluminum imports, as well as further details on potential reciprocal duties across various industries.
On the corporate front, 78 S&P 500 companies—including McDonald's, Coca-Cola, Super Micro Computer, and Airbnb—are set to report earnings.
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