facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause
February 3, 2025 Market Moment Thumbnail

February 3, 2025 Market Moment

Market Moment

Glen Eagle®: America’s Women-Owned Trading Desk®  

2/3/2025

  • In the first 11 months of 2024, Canada and Mexico supplied about 28% of US imports, while China accounted for 13.5%, according to Census Bureau data. 1
  • The combined market cap of the ten largest US companies is $20.9 trillion, representing over 70% of US GDP. These companies are now larger than China's $19.5 trillion economy and the combined GDP of Germany, Japan, India, the UK, and France. *2
  • The Magnificent 7 derive 49% of their revenue from international sales, compared to 26% for the S&P 493 (i.e., the S&P 500 excluding the Mag 7) and 21% for the small-cap Russell 2000. This makes them more vulnerable to new tariffs. *3
  • Companies are once again looking to reduce their stock prices through stock splits to appeal more to retail investors. Last year, there were 17 stock splits in the S&P 500—the most since 2013. Historically, stocks returned an average of 25% in the year following a split. *4

  1. WSJ - "Trump Slaps Tariffs on Mexico, Canada and China in Opening Salvo of Trade War"
  2. MFS - "Beyond the News"
  3. Goldman Sachs- "Market Monitor"
  4. Barrons - "It’s Bananas, but Stock Splits Can Pay Off. Here Are 5 Likely Contenders."

*Past performance is not indicative of future performance


Client Focused Trading® for large institutions, pensions, hedge funds, wealthy families, and private equity for over 30 years. 

Glen Eagle Wealth, LLC is a member FINRA and SIPC 

This desk commentary is for informational purposes only 

Glen Eagle Wealth, LLC 

4422C Route 27 PO Box 399 

Kingston, NJ 08528 

(609) 631-8231 

Glen Eagle Wealth | www.gleneagleadv.com 

#GlenEagle #MarketMoment #Newsletter