January 31, 2025
Trump’s New Tariffs on Canada, Mexico, and China
- The U.S. Dollar Index (DXY) showed significant strengthening this week, driven by renewed tariff threats. As trade tensions rise, especially with the potential imposition of new tariffs from the U.S., investors view the dollar as a safe-haven asset, contributing to the index’s increase.
- The S&P 500 closed the week at $6,041, reflecting a 0.47% increase over the last five days. This modest growth represents a consolidation period as investors adapt to the fluctuating economic data and market dynamics expected in early 2025.
