Tuesday , 4 February 2025
Home Forex US close: Wild day ends with US stocks broadly lower but far above the lows
Forex

US close: Wild day ends with US stocks broadly lower but far above the lows

It was looking like an ugly day for North American equity markets but a deal between Trump and Sheinbaum to delay tariffs by a month saved the day — at least for now. The market took heart that the negotiations appear to be focused on halting drugs rather than broader trade grievances.

  • S&P 500 -0.8%
  • Nasdaq Comp -1.2%
  • DJIA -0.3%
  • Russell 2000 -1.1%
  • Toronto TSX Comp -1.1%
  • Mexican Bolsa +0.1%

We ‘re still eagerly awaiting the read-out from the Trump-Trudeau call but the President appears to be hosting a hockey team at the White House at the moment.

Today markets two weeks of Trump 2.0. It’s certainly been lively.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Here’s a forecast for 100bp of Reserve Bank of Australia interest rate cuts in 2025

A note from Westpac argues that confidence that the RBA will start...

Forexlive Americas FX news wrap 3 Feb: Tariffs are postponed in Canada and Mexico.

Trump says call with Trudeau went "very well". Asked on tariffs, he...

Fed’s Goolsbee sees risks that inflation could tick back up

Federal Reserve Bank of Chicago President Austan Goolsbee spoke in a radio...

EU’s von der Leyen says will respond firmly if targeted by unfair or arbitrary tariffs

EU Commission President von der Leyen spokeShe said that says when targeted...