- Stocks & Income
- Posts
- Markets stabilize a bit
Markets stabilize a bit
As February inflation is lower than expected

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📰 Market Headlines

Markets dipped slightly as trade tensions erupted worldwide, with President Trump's steel and aluminum tariffs taking effect.
The Dow dropped 0.2%, the S&P 500 ticked up 0.49%, and the Nasdaq slipped 0.2%
US consumer prices rose less than anticipated during February, with CPI up 0.2% MoM and 2.8% YoY. While still up, this is a positive sign that inflation’s acceleration risk is not as high as expected.
The EU announced $28 billion in counter-tariffs starting April, while Canada unveiled retaliatory duties worth $20 billion on US goods.
The US budget deficit swelled to $307 billion in February, up 4% from last year, despite record tax receipts.
China scolded Walmart executives for pressuring Chinese suppliers to cut prices in response to new US tariffs.
President Trump increased tensions at a St. Patrick's Day lunch by joking about serving "at least three more years," sending markets into a brief afternoon wobble.
🍷 Alternative investing news

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📊 Ideas, trends, and analysis
US inflation eased to 0.2%, providing welcome relief ahead of potential tariff impacts.

🧠 Make yourself heard
This week’s polls focus on international investing.
😱 Fear and Greed Index

📊 Winners and losers

Earnings
Adobe beat Q1 revenue expectations, driven by strong demand for its AI-enhanced design products; shares climbed 3%.
American Eagle warned of a "slower start" to 2025; shares tumbled 5%.
iRobot shares plunged over 30% after the Roomba maker expressed "substantial doubt" about its ability to continue operations.
Vera Bradley reported a 25% drop in Q4 sales and announced plans to sell its Pura Vida business; shares plummeted 3.13%.
Market movers
Porsche hinted at utilizing Volkswagen ties $VWAGY ( ▼ 3.29% ) to navigate potential US tariffs. (Volkswagen has a major assembly plant within the US.)
Intel appointed former Cadence Design Systems CEO Lip-Bu Tan as its new chief executive.
Sun Country Airlines announced plans for a potential merger with Alaska-Hawaiian and their Amazon cargo operations.
JPMorgan cut Tesla's price target, with analysts citing global boycotts and protests against the brand as the reason.
Reddit had a particularly rough day yesterday
📊 Crypto
Franklin Templeton filed an application with the SEC for a spot XRP ETF.
South Korea announced plans to lift its long-standing ban on institutional crypto investment.
US Bitcoin ETFs recorded significant net outflows, led by Grayscale's Bitcoin Trust.
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🌍 Global Perspectives

🇵🇭 Former Philippine President Rodrigo Duterte was arrested and extradited to The Hague to face crimes against humanity charges.
🇨🇩 The Democratic Republic of Congo and M23 rebels will begin direct peace talks in Angola next week.
🇩🇪 🇷🇺 German police busted a ring that illegally exported €21.4 million worth of luxury vehicles to Russia in violation of EU sanctions.
🇧🇷 Brazil cleared 8 miles of Amazon rainforest to build infrastructure for the UN Climate Conference.
🎤 What you said last time

🧠 Miscellanea
Jalapeño, a 35-pound African serval, was captured after a two-day escape in Oklahoma.
Archaeologists unearthed a 1.4-million-year-old partial face fossil in Spain.
A slab of rock at an Australian high school turned out to contain 66 dinosaur footprints.
Iran's "rainbow island" shoreline turned blood red after heavy rains washed iron oxide-rich soil into the sea..
📺 What to Watch Today
That’s all for today. Did I miss anything? Smash the reply button to let me know.
Or find me in the Alts Community.
Cheers,
Wyatt

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