Julie Hyman and Josh Lipton examine the top stories on Wall Street ahead of the final closing bell of January's trading month on Market Domination.
The White House says US President Donald Trump will enact 25% tariffs against Canada and Mexico and a 10% tariff on China starting Saturday, Feb. 1. The tariffs are expected to impact oil prices (CL=F, BZ=F) and consumer goods, with Yale University's director of economics Ernie Tedeschi saying the tariffs will translate to a 0.8% increase in the overall price level.
Oddity Tech (ODD) and gold (GC=F) are in focus following bullish analyst calls from JPMorgan and Goldman Sachs, respectively. Atlassian (TEAM), AST SpaceMobile (ASTS), and Deckers Brands (DECK) are among the trending tickers on Yahoo Finance's platform.
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This post was written by Naomi Buchanan.