Monday, February 16, 2026 at 3:00 AM
Durable goods prices increased in January, marking the largest gain in a year, as retailers adjusted margins post-holidays and in response to new tariffs.
The EU’s exports to the U.S. held up last year despite the tariffs imposed by Trump. Those increased duties pushed Chinese businesses to seek new customers in the bloc.
Prices have a habit of spiking in January. This year, tariffs might be a reason, but a likelier culprit is more esoteric.
Nasdaq snapped its longest streak of consecutive weekly declines since 2022.
Gold prices rose as the latest U.S. economic data bolstered the case for further interest-rate cuts this year.
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