Stock Market
Market Outlook
The popular stock market averages closed to the downside on Friday as weekly options expired. The interest rate for 10-yr treasury notes closed lower. The prices closed up for gold and crude oil.
January wholesale prices were much higher than expected. U.S. tariffs, which are ultimately paid by American consumers, may be starting to take full effect. However, that inflation push could eventually slow, if the tariffs lead to a slowing economy or recession.
Nvidia (NVDA -4.2%) continued its pullback, leading the high technology sector downward.
Adapt or perish, now as ever, is nature's inexorable imperative. - H.G. Wells
January wholesale prices were much higher than expected. U.S. tariffs, which are ultimately paid by American consumers, may be starting to take full effect. However, that inflation push could eventually slow, if the tariffs lead to a slowing economy or recession.
Nvidia (NVDA -4.2%) continued its pullback, leading the high technology sector downward.
Adapt or perish, now as ever, is nature's inexorable imperative. - H.G. Wells
