Dow Jones Industrial Average gains ground as investors brush off tariff bluster
- The Dow Jones climbed 500 points on Tuesday as investors brush off tariff fears.
- President Donald Trump pivoted on his threats of day-one tariffs.
- Tariff threats from the White House are still leaking through, now for February.
The Dow Jones Industrial Average (DJIA) absorbed newly-minted President Donald Trump’s last-minute pivot away from enacting sweeping tariffs on his first day in office with jubilation.
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Read MoreDow Jones rallies over 500 points as Trump takes office, Nasdaq underperforms
US markets began Donald Trump’s Presidential term with a strong rally led by the Dow Jones and Smallcap names. The Nasdaq underperformed but still ended higher as big tech shares like Apple were under pressure.
| Company | Value | Change | %Change |
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Over 400 shares in the S&P 500 rose,
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Read MoreS&P 500: Market Rises with Netflix Earnings and Trade Policies in the Spotlight
Healthcare stocks are among the strongest performers, with Moderna jumping 6% after securing $590 million in federal funding to develop a bird flu vaccine.
What Economic Indicators Are Driving Market Action?
Recent inflation data is showing signs of cooling, providing some support to equities. However, inflation remains above the Federal Reserve’s 2% target,
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Read MoreHere's When the Fed Is Likely to Cut Interest Rates Again, and What It Means for Stocks
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep interest rates right where they are after cutting three times since September.
The Fed has a dual mandate: First, it aims to keep prices stable, which means maintaining a rate of inflation of around 2% per year as measured by the Consumer Price Index (CPI).
Read MoreBig banks hiked interest rates on borrowers but not for savers, senators say
As interest rates climbed, major banks charged borrowers more for mortgages and auto loans, yet never increased payouts to savers, despite telling lawmakers they would do so, say two U.S. senators in letters to seven CEOs, shared exclusively with CBS News.
In March 2022, the Federal Reserve started raising the federal funds rate,
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Read MoreThe Burst
Buffett’s Mystery Holding Unveiled: How To Play It
Speculation has been rife for some time about why Berkshire Hathaway requested special exemption from disclosure of a holding that most likely it has been building a position in.
Buffett knows as well as anyone that his holdings are carefully observed and many followers plough into them with abandon when revealed.
He also has admitted that so few purchases will move the needle for Berkshire now that it’s like trying to find a needle in a haystack.
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Read MoreThe Ivy
Is This Buffett Stock Doomed?
With over 33 million subscribers as of 2024, Sirius XM seems like a company that has scaled and locked in a wide moat, but is there more to this Buffett stock than meets the eye.
After all, Buffett may be famous for making billions but he’s not immune to picking poor stocks from time to time.
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Read MoreThe Spotlight
51% Of Buffett’s Portfolio Is In 1 Stock
Warren Buffett is one of the most successful investors of all time. He has made billions of dollars by following a simple investment philosophy: invest in companies with strong competitive advantages that are trading at fair prices.
One of Buffett’s favorite companies is Apple now represents an astonishing 51% of his entire stock portfolio.
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