Tuesday’s big stock stories: What’s likely to move the market in the next trading session​on February 4, 2025 at 12:28 am

Stocks closed lower on Monday, but they sharply cut their losses after President Donald Trump paused Mexico tariffs. Here’s what CNBC is watching Tuesday.Stocks closed lower on Monday, but they sharply cut their losses after President Donald Trump paused Mexico tariffs. Here’s what CNBC is watching Tuesday.   Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as stocks sharply curtailed their losses after President Donald Trump paused Mexico tariffs , and what’s on the radar for the next session. Palantir Technologies We’ll cover the stock after Monday evening’s better-than-expected earnings report . Palantir is up more than 20% after hours. In extended trading, shares have passed the $100 mark. When counting the after-hours action, Palantir shares are up 500% in a year. CEO Alex Karp told CNBC’s Sara Eisen last week that while the U.S. is still the best place for tech , the industry has “woken up” to the potential of more competition in the wake of the world noticing DeepSeek, the Chinese artificial intelligence program. PLTR 1Y mountain Palantir Technologies in the past 12 months Canada On Monday afternoon, news broke there’s a pause of at least 30 days on Canada tariffs . The iShares MSCI Canada ETF (EWC) dropped about 1.6% on Monday in regular trading. It is 6% from the Dec. 5 high. The Canadian ETF is down about 2% since the November election. Full tariff coverage will roll on Tuesday right here on CNBC. Canada’s railroad companies Canadian National Railway fell 5.5% on Monday. It is 26% from the March high. Canadian Pacific Kansas City dropped 6%. It is 18% from the March high. CNI 1Y mountain Canadian National Railway in the past 12 months Canada’s biggest companies trading in the U.S. Royal Bank of Canada fell 2.5% in Monday’s regular trading. The stock is 7% from the Dec. 5 high. Shopify dropped 2%. It is 6% from Friday’s high. Toronto-Dominion Bank fell about 1% on Monday. The stock 13% from the Sept. 20 high. China The ETFs tracking China fell in Monday’s trading as that country is facing a 10% tariff . The iShares China Large-Cap ETF (FXI) fell 0.5%. It is 15.5% from the October high. The iShares MSCI China ETF (MCHI) slid 0.7%. It is 20% from the Oct. 7 high, and it’s down nearly 6% since the election. The KraneShares CSI China Internet ETF (KWEB) lost 1.3%. It is down 21% from the Oct. 7 high. It is down 7% since the election. KWEB 3M mountain The KraneShares CSI China Internet ETF (KWEB) in the past three months Mexico After Mexico had its tariffs delayed for a month, the iShares MSCI Mexico ETF (EWW) surged. It closed higher by more than 2%. It is 29.5% from the April high. EWW is down about 3% since the election. Europe There are no direct tariff threats for now. The iShares Core MSCI Europe ETF (IEUR) fell nearly1.5%. It is down 8.4% from the late September high. The ETF is down 2% since the election. IEUR 3M mountain The iShares Core MSCI Europe ETF (IEUR) over the past three months Big Health Merck and Pfizer report before the bell. Amgen reports after the bell. Shares of Merck are down 2% in the past three months. The stock is 26% from the June high. Pfizer is down nearly 7% over the past three months. The stock is 17% from the late July high. Amgen is down 9.5% in the past three months. Just like Pfizer, it is 17% from the July high. Alphabet The search giant reports after the bell on Tuesday. Alphabet is up 17.5% in three months, and it’s 2% from last week’s high. AMD The chipmaker reports after the bell on Tuesday. Advanced Micro Devices is down 19.5% in three months. It is down 50% from the March high. Competitor Nvidia is down about 14% in three months. Shares are 24% from last month’s high. The VanEck Semiconductor ETF (SMH) is down 2.4% in three months. It’s 15.6% from the July high. Simon Property Group The mall operator releases quarterly numbers after the bell Tuesday. The stock is up 3.4% in three months. It is 7% from the Nov. 29 high. Simon Property Group has a dividend yield of 4.8%.