Story perspectives
U.S. Futures Drop as Tariffs Hit Markets, Earnings Surprise
2/11/2025
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Story summary
- U.S. stock futures decline amid reactions to new tariffs and corporate earnings.
- President Trump implemented 25% tariffs on steel and aluminum, benefiting U.S. metal producers.
- Coca-Cola reported Q4 revenue of $11.54 billion, exceeding expectations.
- OpenAI CEO Sam Altman rejected a $97.4 billion buyout offer from Elon Musk's group.
- BP announces a strategic reset following lower profits, with updates expected on February 26.
