The stock market is showing resilience ahead of the Friday trading session, despite new US trade policies being digested. The Dow Jones closed up 0.77% on Thursday, while the Nasdaq Composite climbed 1.50% and the S&P 500 gained 1.04%. However, these gains are expected to be short-lived as traders begin to process the impact of the new tariffs.
Tesla (TSLA) is gaining ground after a spectacular increase of 5.77%, with many attributing this to its close association with US President Donald Trump and positive forecasts for 2025. Nvidia (NVDA) is also making gains, adding 3.16% despite trading off on Thursday, due to its success in the AI development market.
The tech sector as a whole is showing strength, with Meta (META), Google (GOOG), and Microsoft (MSFT) all making gains. However, experts are warning that the new tariffs could bring down stock prices next week as they process the news.
New tariffs imposed by Trump on countries charging the US a tax or tariff are expected to generate revenue for the government but may also deter foreign buyers from purchasing US goods. The market is reacting cautiously to this development, and investors are advised to be cautious in their dealings.
Source: https://www.fxleaders.com/news/2025/02/14/the-stock-market-should-close-high-overall-for-this-week