SPY News: Trump tariffs, more Big Tech earnings, and a jobs report: What to know this week - 2nd Feb 2025, 11:50pm

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Stocks swiftly recovered from the DeepSeek-driven sell-off early in the week but came under pressure on Friday amid concerns over President Trump's tariff plans.

Trump followed through with his plans on Saturday, placing tariffs on Canada, Mexico and China, which will be fully in force by Tuesday, Feb. 4. There will be 25% duties on Canada and Mexico and 10% on China over issues of fentanyl and illegal migration.

Stocks will be digesting the tariffs announcements after a strong start to the ye...

>>> Read more: Trump tariffs, more Big Tech earnings, and a jobs report: What to know this week
 
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