Futures linked to the DOW JONES index rose 0.24% to 48,921.10 points, while those of the S&P 500 advanced 0.16%, to 6,848.90 points. NASDAQ 100 futures rose 0.19% to 24,757.00 points.
Wall Street is coming off a very complicated day yesterday, Monday, in which the high uncertainty about Trump’s tariffs and the now usual fears about the disruption of artificial intelligence (AI) led the major indices to close with considerable falls. The DOW JONES closed down 822 points, or 1.66%, dragged down by an IBM that plummeted 13%. Meanwhile, the S&P 500 fell 1.04% and the technology Nasdaq fell 1.13%.
Today investors will be paying attention to a key event organized by the artificial intelligence firm Anthropic, the company that created Claude. It is expected that Anthropic announces new products and presents the latest features of Claude. The anticipation of the event, and the additional disruption it could bring, contributed to the declines in the software sector on Monday.
Los Trump tariffs They are the other factor that is bringing Wall Street upside down, largely due to the high confusion since the Supreme Court struck down the rates last week due to the improper use of an emergency law to approve them. President Trump announced over the weekend the immediate application of a new 15% blanket global tariff on imports to the US after initially announcing plans to impose a 10% tariff on global imports, which would increase “to the permitted and legally verified level of 15%.”
However, Finally when the tariff went into effect on Tuesday, it was 10%. A customs notice from US Customs and Border Protection, published late Monday, indicated that the temporary Section 122 tariffs would imply “an additional 10% ad valorem tariff on items imported from each country for a period of 150 days, unless specifically exempt.”
In this environment, investors will be very attentive to all statements made on the tariff issue, especially those that may be made. President Trump himself this afternoon/evening during his State of the Union address.
On the macroeconomic agenda of the day, today the consumer confidence index for February prepared by the consulting firm The Conference Board stands out, and which is expected to have improved slightly in the aforementioned month, after several consecutive months of falls.
In the business field, the trickle of quarterly results continues in what are already the last tails of the season. Today before the market opened, Home Depot presented its accounts, which managed to beat analysts’ expectations despite the fact that income fell. The retailer has put on the table some adjusted earnings of $2.72 per share, versus the $2.54 analysts had anticipated. Revenue reached $38.2 billion, compared to the expected $38.12 billion.
The retail company has maintained its forecast for the current fiscal year, already advanced in December. It expects total sales growth for the full year to be between 2.5% and 4.5%, and adjusted earnings per share to remain in a range between virtually unchanged and up 4% from $14.69 in the previous fiscal year.
Keysight Technologies soars 15% on Wall Street. The electronic test and measurement equipment maker posted adjusted earnings of $2.17 per share, while analysts had expected $2.00 per share. Revenue was $1.6 billion, also higher than the $1.54 billion expected.
The last ‘big’ results will be those presented by NVIDIA tomorrow after the close of regular business. The current analyst consensus predicts that revenue will be $65.68 billion, only slightly above the upper limit forecast by company management. Earnings per share will be $1.46 per share, gross margin at 74.97%, according to forecasts.
The market is still pending in addition to the battle between Paramount Skydance and Netflix to take over Warner Bros. Discovery. In the latest news, Paramount Skydance has reportedly submitted a higher offer for Warner Bros. Discovery, intensifying efforts to thwart the HBO Max owner’s deal with Netflix. Some media like Bloomberg o Variety They say that the offer could amount to $32 per share, the equivalent of about $115.6 billion.
In commodity markets, lOil prices stabilize after hitting seven-month highs given the escalation of tension between the US and Iran. US West Texas oil futures fell 0.02% to $66.30 per barrel, while international benchmark Brent crude fell 0.07% to $71.06.
The euro fell 0.06% against the dollar, leaving the exchange rate at 1.1781 dollars for each community currency.
In the crypto market, Bitcoin sharpens its fall and is now below $65,000. At this time, it drops 4.72% to $63,159.90.