Markets News, Feb. 11, 2025: Dow Rises, Nasdaq Slips as Wall Street Mulls Tariffs, Powell Testimony

Traders work on the floor at the New York Stock Exchange.

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The major U.S. s🐻tock indexes finished Tuesday mixed after President Trump moved forward with his threat to impose tariffs on steel and aluminum imports. 

The Dow Jones Industrial Average rose 0.3% on Tuesday, while the S&P 500 closed flat. The Nasdaq Composite fell 0.4%. All three indexes rose Monday as AI st⛄ocks rallied and investors shook off Trump’s tariff t🦩hreats.

The latest tariffs, 澳洲幸运5开奖号码历史查询:enacted by Trump on Monday night, apply to all steel and aluminum imports and are slated to go into effect on March 12. Shares of American steelmakers were mixed Tuesday, with Cleveland-Cliffs (CLF) slipping after 澳洲幸运5开奖号码历史查询:soaring yesterday and Steel Dynamics (STLD) rising.

Earnings season chugged along on Tuesday, with 澳洲幸运5开奖号码历史查询:better-than-expected results from Coca-Cola (KO) lifting its stock nearly 5%. Among the other earnings movers were DuPont (DD), up 7% on 澳洲幸运5开奖号码历史查询:strong results, and AI chipmaker Astera Labs (ALAB), down nꦇearly 11% despite blowing past earnings estimates. 

Big tech stocks were mixed, with Apple (AAPL) up about 2% amid reports it would 澳洲幸运5开奖号码历史查询:partner with Alibaba (BABA) to roll out artificial intelligence features in China. Meta (META) inched higher to advance for a 17th straight se🐎ssion.

Tesla (TSLA) slumped more than 6%, while the remainder of the Magnificent Seven tech stocks—Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), and Amazon (AMZN)—dipped less than 1%.

Federal Reserve Chair Jerome Powell went before members of the Senate on Tuesday, the first day of his biannual testimony to Congress. Powell reiterated that the central bank is in no rush to cut interest rates given stubbornly elevated inflation and America's solid labor market. He'll return to Capitol Hill tomorrow to address members of the House of Representatives.

Treasury yields climbed as investors reacted to Trump’s steel tariffs, which some economists say threaten toജ turn up the heat on inflation. The 10-year Treasury yield, sensitive to expectations for both inflation and Fed policy, ticked up to 4.53%. 

The price of Bitcoin slumped as low as $95,000 on Tuesday after climbing above $98,000 overnight. Gold futures pulled back to $2,925 an ounce after 澳洲幸运5开奖号码历史查询:jumping to a record high of $2,970 overnight as investors raced to safer havens following Trump’s tariff order. West Texas Intermediate crude oil futures ro🐲se for a second day, advancing more than 1% to $73 a barrel. 

Top S&P 500 Movers on Tuesday

February 11, 2025 05:02 PM EST

Advancers:

  • DuPont De Nemours (DD) posted 澳洲幸运5开奖号码历史查询:bett❀er-than-expected s𒆙ales and profits, driven by strength in electronics markets. Shares of the chemicals and materials manufacturer soared 6.9% to notch the S&P 500's top performance. The company plans to spin off its electronics segment later this year. DuPont's CEO stressed value-creation opportunities from the upcoming separation as the firm focuses on its high-growth water, health care, and other industrial businesses.
  • Ecolab (ECL), a provider of water, hygiene, and infection prevention solutions, beat fourth-quarter profit and sales estimates, and its 澳洲幸运5开奖号码历史查询:outlook for🎃 the current quarter and꧂ full year also exceeded forecasts. The company said it expects strengthening macroeconomic trends in the U.S., its largest region, to drive demand for its products and services. Mizuho analysts lifted their price target on the stock following the earnings release, and Ecolab shares closed 6.2% higher.
  • Intel (INTC) shares jumped 6.1% after Vice President JD Vance vowed that the U.S. would protect the c🌺ountry's artificial intelligence (AI) technologies from "theft and misuse" by foreign powers. Intel has received significant subsidies from the U.S. government as part of efforts to reinvigorate domestic chip production. The semiconductor giant also benefitted from positive reviews for the performance, battery efficiency, and speed of its latest processing chip.

Decliners:

  • Financial technology firm Fidelity National Information Services (FIS) beat fourth-quarter profit estimates. However, its sales came in below consensus forecasts, and earnings guidance for the first quarter 澳洲幸运5开奖号码历史查询:fell short of expectations. Analysts expressed concerns that persistent inflation, potentially related to tariff policies, could weigh on growth for Fidelity National and its peers. FIS shares plunged 11.5%, falling the furthest of any stock in the S&P 500 on Tuesday.
  • Shares of Super Micro Computer (SMCI) dropped 9.5% during the session as the server maker prepared to provide a business update after the closing bell. Tuesday's losses reversed a portion of the strong gains posted since last week's announcement of the event, which investors are likely to watch closely for insight into Supermicro's progress on its delayed annual report.
  • Tesla (TSLA) shares skidded 6.3% lower as CEO Elon Musk and a consortium of investors entered an unsolicited bid to take over research organization OpenAI, adding a potential distraction for the top executive beyond his involvement in Washington. In addition, Chinese electric vehicle (EV) rival BYD launched its driver assistance system, making the technology available on its full range of models, potentially posing a challenge to Tesla sales.

-澳洲幸运5开奖号码历史查询:Michael Bromberg

Intel Stock Soars as VP Vance Says AI Chips🐟 Will Be Made𒁃 in US

February 11, 2025 04:04 PM EST

Intel (INTC) shares soared Tuesday and were among the 澳洲幸运5开奖号码历史查询:S&P 500's top performers after Vice President JD Vance said the Trump administration wants 澳洲幸运5开奖号码历史查询:artificial intelligence chips manufactured domestically.

“To safeguard America’s advantage🌱, the Trump adminis🐓tration will ensure that the most powerful AI systems are built in the U.S. with American-designed and manufactured chips,” Vance said Tuesday at the AI Action Summit in Paris. 

Policies favoring U.S. chip manufacturers could benefit Intel’s struggling foundry business, which manufactures chips in the U.S. for third parties. The foundry lost $13.4 billion in 2024 and has been the subject of 澳洲幸运5开奖号码历史查询:sale speculation in recent months.

Shares of Intel jumped 6% to about $21 Tuesday following Vance's speech, but even with Tuesday's gains, the stock has lost more than half its value over the past 12 months.

-澳洲幸运5开奖号码历史查询:Andrew Kessel

Shopify Stock Finds Its Footing After Q4 Results Top Estimates, Outlook Di🍃sappoints

February 11, 2025 03:32 PM EST

Shopify (SHOP) reported fourth-quarter results that topped analysts' estimates after a stron🦩g holiday 🦩season, but its outlook disappointed.

Shopify posted adjusted earnings per share (EPS) of 44 cents for the fourth quarter, with revenue soaring 31.2% year-over-year to $2.81 billion. Both figures exceeded analysts' estimates compiled by Visible Alpha.

CFO Jeff Hoffmeister said the company was “thrilled” with the performance, adding t⛄hat the firm’s results “are a testament to our strategic initiative❀s and operational discipline.”

Shopify said it expects current-qua🌠rter revenue to grow by a percentage🍎 in the mid-twenties, roughly in line with consensus estimates, though Jefferies analysts suggested investors may have been looking for more.

SHOP

TradingView

Shares of Shopify were up more than 4% Tuesday afternoon after seesawing between gains and losses earlier in the day. They've added more than 50% in the last year.

-澳洲幸运5开奖号码历史查询:Bill McColl

Price Levels To Watch as 🌸Gold Retreats From Overnight All-Time High

February 11, 2025 02:47 PM EST

Gold () price surged to a fresh record of more than $2,960 Monday night after President Trump announced 澳洲幸运5开奖号🍸码历史查询:25% tariffs on steel and aluminum impo𝓰rts&𓃲nbsp;and investors braced for inflation data later this week.

The prospect of looming 澳洲幸运5开奖号码历史查询:trade wars continues to cloud the global growth outlook, prompting investors to flock to gold, a 澳洲幸运5开奖号码历史查询:safe haven assℱet, as a way to hedge against increasing economic uncertainty. 

Gold’s next cue will likely come from this week’s 澳洲幸运5开奖号码历史查询:inflation data due on Wednesday. A weaker-than-expected reading would underpin the commodity’s rally by boosting 澳洲幸运5开奖号码历史查询:rate cut expectations, making non-yielding gold more 🌳attractive than its i🧔nterest-bearing alternatives.

Since breaking out above a 澳洲幸运5开奖号码历史查询:symmetrical triangle last month, gold’s price has continued to move sharply higher, indicating a 澳洲幸运5开奖号码历史查询:continuation of the commodity’s strong uptrend.

Moreover, the 澳洲幸运5开奖号码历史查询:relative strength index (RSI) confirms bullish price momentum with a reading above the 70 threshold, though the indicator also points to 澳洲幸运5开奖号码历史查询:overbought conditions, which could lead to near꧒-term profit taking.

Source: TradingView.com.

Investors can project an upside 澳洲幸运5开奖号码历史查询:price target by using the measured move technique, also known by chart watchers as the 澳洲幸运5开奖号码历史查询:measuring principle.

When applying the analysis to gold’s chart, we calculate the distance of the trend that preceded the symmetrical triangle and add that amount from the start of the commodity’s current move higher. For example, we add $502 to $2,596, which forecasts a target of $3,098, an area about 6% above current trading levels where the price may undergo a 澳洲幸运5开奖号码历史查询:consolidation phase.

During 澳洲幸运5开奖号码历史查询:retracements, investors should initially eye the $2,790 level, a location on the chart that may provide support near the October peak🌞, which also marks the top of the symmetrical triangle.

The bulls’ inability to defend this level could see the price decline to around $2,530. The commodity finds a 澳洲幸运5开奖号码历史查询:confluence of support in this area from a brief consolidation period in August last year, the low of the symmetrical triangle, and the nearby 澳洲幸运5开奖号码历史查询:50-period moving average.

Finally, a more significant drop opens the door to the gold price revisiting lower support at the $2,430 level. Investors could look for 澳洲幸运5开奖号码历史查询:buy-and-hold opportunities in this region near the top trendline of a 澳洲幸运5开奖号码历史查询:rectangle that fꦑormed on the chart between A♑pril and July last year.

-澳洲幸运5开奖号码历史查询:Timothy Smith

Marriott Stock Slips on Soft Outlook for Room Growthꦐ, Profit

February 11, 2025 01:52 PM EST

Marriott International (MAR) shares fell more than 5% Tuesday as the hotel operator's guidance missed forecasts on slower rജoom growth.

The company sees current-quarter adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) in the range of $2.20 to $2.26, and full-yeaꩵr adjusted EPS of $9.83 to $10.19. Analysts surveyed by Vi🌞sible Alpha were looking for $2.35 and $10.58, respectively. Marriott's net room growth expectation is for a gain of 4% to 5%, while the Visible Alpha estimate was for 5.23%.

The outlook offset strong fourth-quarter results. Tꦐhe company posted adjusted EPS of $2.45, with revenue rising more than 5🃏% year-over-year to $6.43 billion. Both exceeded predictions.

CEO Anthony Capuano said worldwide revenue per available room (RevPAR) was up 5% on increases in average daily rate (ADR) and occupancy. Capuano added international RevPAR rose 7%, driven by strong leisure demand, while U.♚S. and Canada RevPAR grew more t🅷han 4% as all customer segments gained. 

MAR

TradingView

Shares of Marriott International set an all-time closing high yesterday, and despite today's decline, they're up about 16% over the past year.

-澳洲幸运5开奖号码历史查询:Bill McColl

Humana Stock Drops as Medicare Advantage 🐠Members Expectꦦed To Decline

February 11, 2025 12:45 PM EST

Humana (HUM) shares slid after the health insurer said it expects Medicare Advantage memberships to decline in 2025.

The health insurer reported fourth-quarter revenue of $29.21 billion, up about 10% year-over-year and above the analyst consensus tracked by Visible Alpha. Humana posted an adjusted loss of $2.16 per s♊hare, wider than its loss of 11 cents per share a year earlier but better than analysts expected. 

In 2025, Humana expects adjusted 澳洲幸运5开奖号码历史查询:earnings per share of $16.25, up from $16.21 in 2024 but slightly below the analyst consensus. The company also said it expects individual 澳洲幸运5开奖号码历史查询:Medicare Advantage members to decline roughly 10% from 2024. Last year, the Centers for Medicare & Medicaid Services 澳洲幸运5开奖号码历史查询:lowered the quality rating of a Hu𒐪mana plan accounting for nearly half of its Medicare Advantage memberships to 3.5 stars from 4.5 stars.

Shares of Humana slid more than 6% intra💯day Tuesday and are down about 30% over the past 12 months.

-澳洲幸运5开奖号码历史查询:Andrew Kessel

Ecolab Stock Rises as Outlook Tops Estimates

February 11, 2025 12:06 PM EST

Ecolab (ECL) shares jumped more than 7% to be among the top S&P 500 gainers Tuesday, as the company posted a current quarter and 2025 outlook that topped analysts’ estimates amid “growth trends” in water, hygiene and infection prevention.

The company projected first quarter 2025 adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) in the $1.47 to $1.53 range, translating to a 10% to 14% gain versus the $1.34 posted for the same quarter last year. Ecolab also said it expects full yearಌ 2025 adjusted EPS to rise to a range of $7.42 to $7.62, an increase of 12% to 15% compared with the $6.65 for 2024.

The top end of both ranges surpassed consensus estimates of analysts polled by Visible 🐻Alpha.

“Secular growth trends in water, hygiene, and infection prevention continue to fuel resilient demand for Ecolab’s innovative 🎐technologies and services,” the company said, noti🃏ng that it expects stronger ”macroeconomic trends” in the U.S., its largest and most profitable region.

Ecolab also posted fourth-quarter adjusted EPS at $1.81, which beat estimates, and $4 billion in rev𓆉enue, which was in line with forecast🗹s.

Ecolab sharꦿes are up more than 30% in the p🀅ast year.

-澳洲幸运5开奖号码历史查询:Nisha Gopalan

Phillips 66 Stock Jumps as Elliott 🦋Reportedly Takes More Than $2.5 Billion Stake

February 11, 2025 10:41 AM EST

Phillips 66 (PSX) shares jumped 4% Tuesday morning following a report by The Wall Street Journal that Elliott Investment Management has built a more than $2.5 billion stake in the oil refiner.

According to the report, which cited people familiar with the matter, Elliott wants Phillips 66 to simplify its operations and spin off or sell its big midstream business, as part of measures to boost the Houston-based energy firm’s lagging share price. 澳洲幸运5开奖号码历史查询:Midstream businesses are those that are focused on 澳洲幸运5开奖号码历史查询:transportation and involve moving the extracted raw materia🉐ls to refineries to process the oil and gas.&ౠnbsp;

Investopedia has not independently confirmed Elliott's stake in Phillips 66. Elliott and Phillips 66 did not immediately return requests for comment Tuesday morning.

Phillips 66 shares have fallen more than 11% in the past year.

Elliott in 2023 disclosed a $1 billion stake in the refiner, and a few months later the energy company announced the appointment of a director at the behest of the activist fund firm.

-澳洲幸运5开奖号码历史查询:Nisha Gopalan

Coca-Cola Stock Pops as𝓰 Q4 Sales, ♑Profit Top Estimates

February 11, 2025 09:46 AM EST

Coca-Cola (KO) reported better-than-expected fourth-quarter results Tuesday, sending sh𝓰ares of the world's bigges✨t soft drink maker higher in premarket trading.

The beverage giant reported $11.54 billion in revenue, above the $10.85 billion posted a year ago and the $10.77 billion Visible Alpha consensus. Adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $0.55 beat last year's $0.49 and the $0.52 expected.

Shares of Coca-Cola, which entered Tuesday up roughly 8% over the past year, rose nearly 4% in early trad♈ing.

Last quarter, Coca-Cola shares lost ground as a 澳洲幸运5开奖号码历史查询:surprise drop in unit case volumes offset better-🍸than-expected results. Global unit case volumes grew 2% in Q4, led by a 6% gain in the Asia Pacific reg꧟ion.

Coca-Cola's results come a week after rival PepsiCo (PEP) reported sales that fell short of estimates for a 澳洲幸运5开奖号码历史查询:third consecutive quarter.

-澳洲幸运5开奖号码历史查询:Aaron McDade

Stock Futures Slip as Trump ✱Enacts Steel, Aluminum 🐠Tariffs

February 11, 2025 08:55 AM EST

Futures contracꦆts connected to the Dow Jones Industrial Average were down about 0.3% in premarket trading on Tuesday.

Dow futures (Feb. 11, 2025)

S&P 500 futures were off nearly 0.4%.

S&P 500 futures (Feb. 11, 2025)

Nasdaq 100 futures fell 0.6%.

Nasdaq 100 futures (Feb. 11, 2025)
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  2. Associated Press. “,” Feb. 11, 2025. (Video.)

  3. Shopify. "."

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  5. Humana. “"

  6. Ecolab. “.”

  7. The Wall Street Journal. “.”

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  10. Coca-Cola. "."

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