Wall Street Today: US Stocks Rise as Investors Await Trump’s Trade Policy

US stock indices rose on Tuesday, with investors focusing on President Donald Trump’s upcoming executive orders on energy and immigration while awaiting his trade policy. Trump, after being sworn in as the 47th President of the United States, hinted that he might impose tariffs on Canadian and Mexican goods starting February 1.

At 09:57 a.m., the Dow Jones Industrial Average rose 258.04 points, or 0.59%, to 43,745.87. The S&P 500 gained 26.73 points, or 0.45%, to 6,023.39, and the Nasdaq Composite increased by 13.90 points, or 0.07%, to 19,644.10.

Earlier in the day, the Dow rose 40.8 points, or 0.09%, to 43,528.65, the S&P 500 gained 17.5 points, or 0.29%, to 6,014.12, while the Nasdaq Composite was up 104.2 points, or 0.53%, to 19,734.39.

Key Stock Movements:

• Apple: Shares fell 3.7% after brokerage Jefferies downgraded its stock rating to "underperform".
• General Motors and Ford: GM shares rose 1.6%, while Ford's gained 0.8%.
• Tesla: The electric vehicle maker's stock shed 3.1%.
• 3M: Shares climbed 4.5% after the company posted strong fourth-quarter results.
• Charles Schwab: Stock surged 7% following a 44% increase in profit for the fourth quarter.
• Moderna: Shares soared 9.3% after securing $590 million from the US government to speed up the development of a bird flu vaccine.

Bond Market:

The yield on the 10-year Treasury bond fell to 4.56% from 4.62% late on Friday.

Commodities:

• Gold: Prices rose on a weaker US dollar, with spot gold climbing 1.1% to $2,738.19 per ounce. US gold futures increased by 0.2% to $2,754.40.
• Silver: Spot silver rose 0.7% to $30.71 per ounce.
• Crude Oil: Prices fell, with Brent crude down 0.9% at $79.44 a barrel, and US WTI crude was 1.7% lower at $76.54 a barrel.