Will Trump's Tariff Review Slow Wall Street?

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US stocks were flat on Friday after President Donald Trump announced he would review tariffs on other countries.


He also gave his thoughts on the possible imposition of tariffs on cars.


However, Wall Street was seen to be influenced by the news on Thursday, which showed a positive reaction with the Dow Jones rising 0.77%, the Nasdaq Composite rising 1.5% and the S&P 500 jumping 1.04%.


Investors at this point still have positive expectations for the market, supported by several factors, including strong earnings reports from several companies such as Applovin (24%), Coinbase (8.4%) and Robinhood (1.41%).


Investors also expect the upcoming inflation report to be moderate as the report showed that consumer and producer prices increased more than expected in January.


The focus now shifts to US retail sales data for investors to assess the current health of the economy at the consumer and retail levels.

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