The S&P 500 Index ($SPX) (SPY) today is up +0.15%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.54%. March E-mini S&P futures (ESH25) are up by +0.07%, and March E-mini Nasdaq futures (NQH25) are up by +0.55%.
Stock indexes today are slightly higher. Stock index futures rallied in overnight trade after President Trump late Monday agreed to delay 25% tariffs on Canada for a month. However, stock index futures gave up most of their advance after the US imposed a 10% tariff on Chinese goods. China retaliated immediately and announced 15% tariffs on US coal and liquified natural gas and 10% levies on US oil and agriculture equipment. China also declared export control on tungsten-related materials, and the State Administration for Market Regulation said it would launch a probe into Google regarding anti-trust law breaches. The Chinese tariffs are set to take effect on February 10, potentially leaving room for negotiation.
