CNBC Business News Update Market Open: Stocks Higher, President Trump Says Tariffs Are Here To Stay, Lowe's Out With Strong Results 2/25/26
Feb 25, 2026
Markets open higher with major indexes rallying and IBM leading gains. Anticipation builds around NVIDIA earnings and rising silver and copper prices. Discussion of President Trump reaffirming tariffs and debate over whether tariffs could replace income tax revenue. Political reactions touch on immigration policy and concerns about affordability and public perception of the economy.
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Markets Open Higher Led By Tech And Commodities
- U.S. stock indexes opened higher with leadership from IBM and NVIDIA gains.
- The Dow rose ~243 points, S&P +36, Nasdaq +175 as NVIDIA climbed ~1% ahead of after-hours earnings and silver hit a multiweek high at $91/oz.
Silver And Copper Showing Strong Momentum
- Precious metals and industrial metals showed strength with silver and copper on notable moves.
- Silver reached $91/oz, its highest since Feb. 4, and copper was pacing for a seventh straight monthly gain, a 16-year streak if it held.
Trump Doubles Down On Tariffs As Lasting Policy
- President Trump used the State of the Union to reaffirm tariffs as a long-term policy despite a Supreme Court rebuke.
- He claimed tariffs could replace income tax revenue and said congressional action won't be necessary, signaling more trade pressure ahead.