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U.S. Tariffs Lifted; Stocks Rise Amid Economic Shifts

1/27/2025

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Story summary
  • The U.S. suspended tariffs on Colombia following a deal regarding deported migrants.
  • China's factory output fell in January, reflected by a PMI of 49.1, while industrial profits increased by 11% in December.
  • Major U.S. stock indexes rose for the second consecutive week, despite a decline on Friday.
  • Trump is in talks for TikTok's U.S. operations, with Oracle's role still uncertain.
  • Key earnings reports from Meta, Microsoft, Tesla, and Apple are anticipated this week.