NewsWare’s Trade Talk: Tuesday, February 11

S&P Futures are trading lower this morning as President Trump announced 25% tariffs on steel and aluminum. He also signed an Executive Order which is directing the DOJ to pause enforcement on a law that prohibits U.S. companies from bribing foreign officials. Bond yields are moving higher as Fed Chairman Powell begins two days of testimony on Capitol Hill today. NVS to buy Anthos Therapeutics from Blackstone for $3.1B. Elon Musk makes a bid for Open AI which was immediately rejected. President Trump to meet with the Crown Prince of Jordon today. Earning beats this morning from DD, KO, LDOS & CARR - shares are trading higher. After the bell today GILD, DASH. AIG, Z, SMCI. & LYFT to report. Oil prices continuing to move higher due to tariffs and recent sanctions action.