{"id":24552,"date":"2025-02-11T15:05:19","date_gmt":"2025-02-11T21:05:19","guid":{"rendered":"https:\/\/www.eoption.com\/market-review-february-11-2025\/"},"modified":"2025-02-11T15:05:19","modified_gmt":"2025-02-11T21:05:19","slug":"market-review-february-11-2025","status":"publish","type":"post","link":"https:\/\/www.eoption.com\/market-review-february-11-2025\/","title":{"rendered":"Market Review: February 11, 2025"},"content":{"rendered":"\n
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Closing Recap<\/span><\/b><\/p>\n

Tuesday, February 11, 2025<\/span><\/b><\/p>\n\n\n\n\n\n\n\n
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Index<\/span><\/p>\n<\/td>\n

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Up\/Down<\/span><\/p>\n<\/td>\n

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%<\/span><\/p>\n<\/td>\n

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Last<\/span><\/p>\n<\/td>\n<\/tr>\n

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DJ Industrials<\/span><\/b><\/p>\n<\/td>\n

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123.24<\/span><\/p>\n<\/td>\n

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0.28%<\/span><\/p>\n<\/td>\n

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44,593<\/span><\/p>\n<\/td>\n<\/tr>\n

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S&P 500<\/span><\/b><\/p>\n<\/td>\n

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2.06<\/span><\/p>\n<\/td>\n

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0.03%<\/span><\/p>\n<\/td>\n

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6,068<\/span><\/p>\n<\/td>\n<\/tr>\n

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Nasdaq<\/span><\/b><\/p>\n<\/td>\n

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-70.41<\/span><\/p>\n<\/td>\n

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0.36%<\/span><\/p>\n<\/td>\n

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19,643<\/span><\/p>\n<\/td>\n<\/tr>\n

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Russell 2000<\/span><\/b><\/p>\n<\/td>\n

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-12.24<\/span><\/p>\n<\/td>\n

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0.53%<\/span><\/p>\n<\/td>\n

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2,275<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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U.S. stocks finished Tuesday mixed, with the S&P 500 hitting highs before a late day dip, the Nasdaq finishing down slightly, the Smallcap Russell 2000 underperforming, and the Dow rising helped by earnings from Coca Cola (KO<\/span>) ahead of key inflation data tomorrow morning. Day one of Federal Reserve Chair Jerome Powell’s testimony in Washington DC<\/span> did little to move the markets, especially with fresh commentary on the economy\/monetary policy just last week at the FOMC meeting. Powell told the Senate Banking committee today, “with our policy stance now significantly less restrictive than it had been and the economy remaining strong, we do not need to be in a hurry to adjust our policy stance.” Powell added, “we know that reducing policy restraint too fast or too much could hinder progress on inflation. At the same time, reducing policy restraint too slowly or too little could unduly weaken economic activity and employment”. Powell speaks again tomorrow in Capitol Hill. The other major news item tomorrow is the January consumer price index (CPI<\/span>) which is expected to hold near the prior month levels for headline and core. Earnings season remains busy, with 65% complete for the quarter, heading into big week for Utilities, Healthcare and REITs. In stock news, META<\/span> posts its 17th<\/sup> consecutive day of gains while TSLA<\/span> tumbles for the 5th<\/sup> straight day (down -16% during stretch). Big movers to the upside on earnings were KO<\/span>, SHOP<\/span> and SLQT<\/span> while big decliners on earnings\/guidance included ACLS<\/span>, ALAB<\/span>, AMKR<\/span>, COTY<\/span>, FIS<\/span>, FLNC<\/span>, HLIT<\/span> and many others.  Tariff headlines weighed on markets overnight after President Trump is now proposing 25% tariffs on all aluminium imports. <\/p>\n

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Commodities<\/p>\n

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  • Oil prices climbed $1.00, or 1.4% to settle at $73.32 per barrel and Brent $1.13 or 1.49% to settle at $77 per barrel, both at two-week highs, as sanctions raised concerns about Russian and Iranian oil supplies, outweighing worries escalating trade tariffs would boost inflation and dampen global economic growth. U.S. oil production is poised to set a larger record this year than prior estimates, the EIA said on Tuesday. Front Month Nymex Natural Gas Rose 2.18% to Settle at $3.5190.<\/li>\n<\/ul>\n<\/div>\n
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    • April gold slips -$1.80 to settle at $2,932.60 an ounce, down from all-time high of $2,968.50 an ounce this week, but remains in upward momentum move over the last few months. President Trump substantially raised tariffs on steel and aluminium imports to a flat 25% "without exceptions or exemptions"<\/li>\n
    • Treasury yields climb as the first of three Treasury auctions this week was strong as the U.S. sold $58B in 3-year notes at high yield 4.300% vs. 4.313% when issued prior, as awards 41.59% of bids at high; the U.S. 3-year notes bid-to-cover ratio 2.79 (vs. 2.62 prior auction) as Primary dealers take 10.18% (lowest on record) of U.S. 3-year notes sale, direct 15.82% and indirect 74%. <\/li>\n
    • Chicago corn and soy futures drifted down on Tuesday after the U.S. Department of Agriculture projected U.S. end-of-season supplies above market expectations in a monthly supply-and-demand report, analysts said.<\/li>\n<\/ul>\n

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      Macro<\/span><\/p>\n<\/td>\n

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      Up\/Down<\/span><\/p>\n<\/td>\n

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      Last<\/span><\/p>\n<\/td>\n<\/tr>\n

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      WTI Crude<\/span><\/b><\/p>\n<\/td>\n

      		\n

      1.00<\/span><\/p>\n<\/td>\n

      		\n

      73.32<\/span><\/p>\n<\/td>\n<\/tr>\n

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      Brent<\/span><\/b><\/p>\n<\/td>\n

      		\n

      1.13<\/span><\/p>\n<\/td>\n

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      77.00<\/span><\/p>\n<\/td>\n<\/tr>\n

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      Gold<\/span><\/b><\/p>\n<\/td>\n

      		\n

      -1.80<\/span><\/p>\n<\/td>\n

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      2,932.60<\/span><\/p>\n<\/td>\n<\/tr>\n

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      EUR\/USD<\/span><\/b><\/p>\n<\/td>\n

      		\n

      0.0041<\/span><\/p>\n<\/td>\n

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      1.0347<\/span><\/p>\n<\/td>\n<\/tr>\n

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      JPY\/USD<\/span><\/b><\/p>\n<\/td>\n

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      0.53<\/span><\/p>\n<\/td>\n

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      152.52<\/span><\/p>\n<\/td>\n<\/tr>\n

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      10-Year Note<\/span><\/b><\/p>\n<\/td>\n

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      0.042<\/span><\/p>\n<\/td>\n

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      4.537%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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      Sector News Breakdown<\/p>\n

      Autos: <\/p>\n