Stock Market News Today, 2/10/25 – Indices Finish Higher amid Steady Inflation Expectations

Last Updated: 4:17 PM EST

Stock indices finished today’s trading session in the green. The Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) gained 1.23%, 0.67%, and 0.38%, respectively. Earlier today, The latest Survey of Consumer Expectations from the Federal Reserve Bank of New York showed that consumers’ inflation expectations remain steady.

For the next year and the next three years, the median inflation expectation is 3%, which is unchanged from the previous survey. However, expectations for inflation over the next five years rose slightly to 3%, mainly due to respondents with a high school education or less.

Consumers are also optimistic about their income growth, with the median expected growth in household income for the next year rising to 3%. This matches their expected inflation rate, which suggests that consumers think their income will at least keep up with rising prices. However, they are less optimistic about spending, with the median household spending growth expectation dipping to 4.4%, its lowest level in four years.

Despite these trends, consumers are becoming more concerned about job security. The perceived probability of losing a job in the next 12 months rose to 14.2%, up 2.3%. On the other hand, consumers are finding it easier to obtain credit, and they expect credit availability to improve in the future.

First Published: 3:49 AM EST

U.S. futures traded higher on Monday morning as investors braced for a busy week filled with key economic data releases. This upward movement comes after U.S. President Donald Trump disclosed plans to announce a blanket 25% tariff on steel and aluminum imports. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were up 0.5%, 0.16%, and 0.28%, respectively, at 3:30 a.m. EST, February 10.

Major U.S. stock indices fell on Friday as investors reacted to weak nonfarm payroll and consumer sentiment reports. The S&P 500 and the Dow Jones both decreased by 1%, while the Nasdaq Composite (NDAQ) was down 1.4%.

Over the last week, the major indices witnessed a downtrend, with the Dow Jones and the Nasdaq each slipping 0.5%, and the S&P 500 falling 0.2%.

This week, investors will closely monitor several key economic indicators, including the January Consumer Price Index, the Producer Price Index, and U.S. Retail Sales. These reports will provide valuable insights into the current state of the U.S. economy and the inflation trajectory.

Also, Federal Reserve Chair Jerome Powell’s testimony before Congress will be closely watched by investors for clues regarding the central bank’s monetary policy outlook.

On the corporate front, earnings reports from companies like McDonald’s (MCD), Super Micro Computer (SMCI), Coca-Cola (KO), Shopify (SHOP), Lyft (LYFT), Robinhood (HOOD), Roku (ROKU), Coinbase (COIN), and Airbnb (ABNB) will be closely watched by investors this week.

Meanwhile, the U.S. 10-year treasury yield was up, floating near 4.501% as of writing. Simultaneously, WTI crude oil futures are trending higher, hovering near $71.43 per barrel as of the last check.

Elsewhere, European indices opened higher on Monday as investors looked past Trump’s latest tariff announcement.

Asia-Pacific Markets Ended Higher on Monday

Most of the Asia-Pacific indices were in the green today as investors reacted to Trump’s plans to impose tariffs on all steel and aluminum imports.

Notably, the Hang Seng Index closed higher by 1.84%. Further, China’s Shanghai Composite and Shenzhen Component indices gained 0.56% and 0.52%, respectively. Also, Japan’s Nikkei index was up 0.04%, while the Topix index declined 0.15%.

Interested in more economic insights? Tune in to our LIVE webinar.

Disclosure