2025-02-15
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Hey listeners, it's Saturday, February 15th.
I'm Francesca Fontana for the Wall Street Journal, and this is what's News in Markets,
our look at the biggest stock moves of the week and the news that drove them.
Let's get welcome back.
Hope you all are taking advantage of any post Valentine's Day chocolate sales near you.
This week started off with more tariffs from President Trump, announced on Monday,
with investors largely shrugging off the risk of them igniting a trade war.
But investors weren't shrugging off Wednesday's inflation readout
as the consumer price index picked up faster than economists had expected.
That deepened traders worries that interest rates might not come down anytime soon.
But the market bounced back with more political news Thursday,
with Trump raising hopes of a resolution to the war in Ukraine
and putting off a decision on additional tariffs on foreign goods on a weekly basis.
The Nasdaq rose 2.6%, the S&P 500 gained 1.5%,
and the Dow Jones Industrial Average added less than 1%.
Now, while the market overall shrugged off Monday's tariff announcement,
it still played a part in some big stock moves this week.