Trump’s executive orders included overhauls to U.S. trade policy and declaring a national emergency at the southern border.
Stock futures were under some pressure on Monday evening after President Donald Trump said he was considering tariffs on Canada and Mexico.
"Asset prices in 2025 will be significantly driven by the path of Trump's policies. Uncertainty is likely to persist and be a feature of Trump's presidency," said Robert Sockin, senior global economist at Citi, in a note."Trump seems to thrive in a world of ambiguity in which his political opponents and international counterparts are unclear regarding his next move.
The stock market is coming off its best week since the period that followed Trump's election. The S&P 500 gained 2.9% last week, its best week since the period ended Nov. 8. The Dow jumped 3.7% and the Nasdaq Composite gained 2.5% last week, respectively.Stock futures gave up earlier gains on Monday night, after President Trump said he was considering implementing a 25% tariff on Mexico and Canada beginning on Feb.1.
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