Wall Street Closes Mixed as Investors Weigh Trump’s Tariffs and Nvidia Earnings

U.S. stocks on Wall Street ended with mixed results on Monday (Tuesday morning WIB) as investors assessed the potential impact of President Donald Trump’s tariff policies while also shifting their focus toward Nvidia’s upcoming earnings report.

According to Xinhua, on Tuesday, February 25, 2025, the Dow Jones Industrial Average rose slightly by 33.19 points (0.08%) to 43,461.21. Meanwhile, the S&P 500 fell 29.88 points (0.50%) to 5,983.25, and the Nasdaq Composite declined 237.08 points (1.21%) to 19,286.92.

Among the 11 major sectors in the S&P 500, six closed lower, with technology and consumer discretionary stocks leading the declines, dropping 1.43% and 0.87%, respectively. On the other hand, the healthcare and financial sectors posted the strongest gains, rising 0.75% and 0.45%, respectively.

Trump Confirms Continuation of Canada and Mexico Tariffs

During a press conference on Monday, Trump reaffirmed that tariffs on Mexico and Canada would proceed as scheduled after a one-month delay, which is set to expire next week.

Trump had previously announced on Truth Social on February 3, 2025, that tariffs on Canadian goods would be paused for 30 days, while Mexican import duties would be postponed for one month.

Nvidia Stock Declines, Apple Gains

In corporate movements, Nvidia, which is set to report its quarterly earnings on Wednesday, saw its stock drop 3.09% following a 4% decline last Friday. The AI chipmaker’s shares fluctuated between gains and losses throughout the day.

Meanwhile, Apple rose 0.63% after announcing an investment of over USD 500 billion over the next four years. However, other major tech stocks struggled, with Meta Platforms and Broadcom declining more than 2%, while Microsoft, Amazon, and Tesla each fell around 1%. Alphabet was the only major tech company to record gains.

In the retail and tech sectors, while Monday’s earnings calendar remained relatively light, upcoming reports from Home Depot, Lowe’s, Salesforce, and Dell Technologies are expected to draw investor attention in the coming days. Dell’s stock dropped more than 2%.

U.S. Treasury Yields Edge Lower

The yield on the 10-year U.S. Treasury bond, which is highly sensitive to interest rate expectations, stood at 4.4%, slightly down from 4.42% at last week’s close, nearing its lowest level this month.

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