Julie Morgan
๐ค SpeakerAppearances Over Time
Podcast Appearances
Go out and make it a great day.
Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.
It's good to be back with you on this Monday, February 23rd.
I'm Julie Morgan.
Markets are on edge on this Monday with stock futures falling after President Trump's latest tariff announcement.
As of the time of this recording, Dow futures are down 0.25%, S&P 500 futures edge lower by 0.22%, while Nasdaq 100 futures are down 0.35%.
U.S.
Customs and Border Protection said tariffs imposed under IEPA, the International Emergency Economic Powers Act, will no longer be collected starting Tuesday.
Trump on Saturday said he will increase the global tariff level he announced on Friday to 15 percent from 10 percent after the Supreme Court struck down most of the tariffs he imposed last year.
Top gainers in pre-market trading include Eli Lilly up 2.3 percent,
Revity up 2%, and Corning up 1.9%.
Decliners include Smurfit Westrock down 6.5%, and Packaging Corporation of America down 5.6%.
We'll take a closer look at the biggest movers list in just a few minutes.
The ongoing shutdown of the U.S.
Department of Homeland Security is injecting fresh uncertainty into airport operations and the broader travel ecosystem.
In a statement early Sunday, DHS outlined emergency steps aimed at conserving cash and manpower during the funding lapse.
DHS initially indicated that the Transportation Security Administration would suspend expedited airport services, including the widely used TSA PreCheck program.
Hours later, the department revised its guidance, removing PreCheck from the list of affected services.
TSA subsequently said the program remains operational but could face adjustments if staffing shortages intensify.
While TSA PreCheck remains active for now, DHS confirmed that global entry has been suspended.