HomeMarketsU.S. EconomyStock Market Today: Trump Tariff Impact, PLTR Rips, Cybersecurity Downgrade

Stock Market Today: Trump Tariff Impact, PLTR Rips, Cybersecurity Downgrade

Today saw lots of volatility that ended with red arrows across the indices, ignited by tariffs from the Trump administration on Mexico, Canada and China. Automakers like Tesla (TSLA), General Motors (GM) and Ford (F) saw some of the most selling action. Palantir (PLTR) went against the trend and rallied big after hours with a 64% increase in year-over-year commercial revenue. Cybersecurity downgrades for Crowdstrike (CRWD), Cloudflare (NET) and Fortinet (FTNT) bumped most stocks lower. Caroline Woods runs through the biggest stories of the trading session.

03 Feb 2025

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