Here are the most important news investors need to start their trading day:
1. The first day
Stock futures rose on Tuesday, the first day of trading for Donald Trump’s second term as president. Markets were closed Monday for Martin Luther King Jr. Day. U.S. stocks have had a strong week. this S&P 500 Index rose 2.9%, Dow Chemical up 3.7%, Nasdaq Index up 2.5%. Investors will be focused on Trump’s trade policy and other key parts of his agenda, as well as some major earnings reports this week. Follow real-time market updates.
2. Trump takes office
Chief Justice John Roberts holds a Bible as Donald Trump is sworn in during the 60th Presidential Inauguration in the Rotunda of the U.S. Capitol in Washington, U.S., January 20, 2025 The 47th President of the United States.
Maury Gash | via Reuters
Trump is sworn in Monday is 47th President of the United States and the second president to serve non-consecutive terms. Speaking at the U.S. Capitol after frigid temperatures forced the ceremony to be held indoors, Trump said he would bring about a “golden age” for the United States. Declaring a national energy emergencycommanding the United States Withdrawing from the Paris Climate Agreement and pardoned approximately 1,500 people charged in connection with the Jan. 6, 2021, attack on the Capitol. Market watchers are paying closest attention to Trump’s trade remarks.
3. Tariffs coming?
On Inauguration Day in Washington, USA, January 20, 2025, US President Trump signed the document when issuing an executive order in the Oval Office of the White House.
Carlos Barria | Reuters
Trump suggests he can impose 25% tariff on Canadian and Mexican goods As soon as February 1st. He did say he would consider using tariffs as leverage to try to win over U.S. investors in TikTok, the social media app owned by China’s ByteDance. Tariffs on Canada, Mexico and China, the three largest U.S. trading partners, would have a huge impact on the U.S. economy May raise prices for a range of consumer goods and agricultural products.
4. Still ticking
TikTok briefly shut down over the weekend before coming back online due to U.S. law banning the app unless it is sold to a U.S. owner. The change comes as Trump, who has supported banning the app over national security concerns, has pushed to keep it active in the United States. of execution for 75 days.
5. Income outflow
This week, several major companies, led by airlines and Netflix, will report earnings. Here are the key reports to watch:
– CNBC’s Brian Evans, John Melloy, Dan Mangan, Kevin Breuninger, Spencer Kimball, Christina Wilkie, Annie Nova, Alex Harring, Yun Li, Jeff Cox, Melissa Repko, Michael Wayland, Gabrielle Fonrouge and Amelia Lucas contributed to this report .
