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White House officials: US President Trump has made it clear that he does not support Israel's annexation of the West Bank.
On February 10th, Trump stated that he would begin negotiations with Canada regarding a bridge project connecting Michigan and Ontario, threatening to block its opening unless the United States receives full compensation and owns "half of the asset." Trump stated on social media on Monday: "I will not allow this bridge to open until the United States is fully compensated for everything we have given, and more importantly, until Canada treats the United States with the fairness and respect we deserve. We will begin negotiations immediately. Given how much we have given them, we should perhaps own at least half of this asset." Trump's remarks are the latest attack on Canada, as the US president escalates tensions with his major trading partner. The president has also attacked Canada over dairy import tariffs, calling them "unacceptable" and putting "our farmers at enormous financial risk."
February 10th - According to foreign media reports, the UK Treasury will strengthen security measures for future fiscal activities to prevent a repeat of the premature leak of market-sensitive documents from last November's budget. Prior to this, the UK's National Cyber Security Centre conducted an internal review of information releases. The results showed that the full budget report from the Office for Budget Responsibility had been downloaded 24,701 times before Chancellor Reeves announced policy proposals. Furthermore, Reuters also obtained a copy of the March Spring Statement in advance and opened it 16 times during Reeves' speech. To prevent similar incidents, documents to be released by the Office for Budget Responsibility in conjunction with the March 3rd Spring Statement will instead be published by the Treasury on the government's official website.
On February 10th, the U.S. State Department announced that Secretary of State Marco Rubio will attend the Munich Security Conference in Germany from February 13th to 15th and meet with counterparts from various countries. Following this, Rubio will travel to Slovakia and Hungary to meet with government officials to advance regional security interests and discuss bilateral issues such as nuclear energy, military modernization, and NATO commitments. Just weeks ago, Trump's expressed interest in acquiring Greenland caused panic among U.S. allies. With two months until the Hungarian elections, recent polls show the ruling Fidesz party, led by long-time Trump ally Viktor Orbán, trailing the opposition. Trump expressed support for Orbán last week, who used similar nationalist rhetoric and took a similarly hardline stance on combating illegal immigration.
Market news: In its latest tender offer, payment giant Stripe's valuation is expected to climb to $140 billion.
1. All three major U.S. stock indexes closed higher. The Dow Jones Industrial Average rose 0.04% to 50,135.87 points, setting a new closing high. The S&P 500 rose 0.47% to 6,964.82 points, and the Nasdaq Composite rose 0.9% to 23,238.67 points. Microsoft rose more than 3%, and Nvidia rose more than 2%, leading the Dow. The Wind U.S. Tech Big Seven Index rose 1.02%, Facebook rose more than 2%, Tesla rose more than 1%, Oracle rose more than 9%, the Nasdaq China Golden Dragon Index rose 0.12%, Wanwu New Energy rose more than 6%, and 21Vianet rose nearly 6%. 2. All three major European stock indexes closed higher. The German DAX rose 1.19% to 25,014.87 points, the French CAC40 rose 0.6% to 8,323.28 points, and the UK FTSE 100 rose 0.16% to 10,386.23 points. 3. International precious metals futures generally closed higher, with COMEX gold futures rising 2.10% to $5084.20 per ounce and COMEX silver futures rising 8.00% to $83.05 per ounce. 4. The most active US crude oil contract closed up 1.37% at $64.42 per barrel; the most active Brent crude oil contract rose 1.59% to $69.13 per barrel.
February 10th - Tesla (TSLA.O) is reportedly leaving its North American sales head as the electric vehicle maker faces declining demand in key global markets. Raj Jegannathan, Tesla's vice president of sales who was appointed last year to oversee the region, announced his departure from the company in a LinkedIn post. He is the latest senior executive to leave the Musk-led electric vehicle manufacturer. Tesla's sales division has undergone significant personnel changes amid two consecutive years of declining vehicle deliveries.
Spot gold and silver opened slightly higher on Tuesday, currently trading at $5,067 per ounce and $83.78 per ounce, respectively.
Chart: Performance of major currency pairs on Tuesday, February 10, 2026
Federal Reserve Governor Milan: We are seeing some signs of stress in the job market.
Federal Reserve Governor Milan: Underlying inflation is close to what it should be, and we do not have a serious inflation problem.
Federal Reserve Governor Milan: Interest rates are appropriate when they are well below current levels.
February 10th - The National Labor Relations Board (NLRB) is dropping its years-long legal battle against Elon Musk's SpaceX and hinted that it will recuse itself from future cases against the company. The NLRB announced it would withdraw its lawsuit two years after alleging the aerospace company fired eight engineers for participating in an open letter criticizing Musk. In a letter to the former employees' lawyers, the NLRB cited a recent opinion from the National Mediation Board (NMB), which argued that SpaceX engineers fall under its jurisdiction, not the NLRB's.
Federal Reserve Governor Milan will participate in the recording of the WBUR podcast in ten minutes.
February 10th - According to foreign media reports, after a turbulent Monday as he struggled to retain his position, Starmer has consolidated his position as British Prime Minister. However, this is only a temporary respite. Insiders within the ruling Labour Party say that Starmer appears safe in the short term after receiving public support from all cabinet ministers, including potential rivals Wes Streeting, Ed Miliband, and another possible successor, former Deputy Prime Minister Angela Rayner. However, while Streeting stated, "Let's give Starmer a chance to clarify how he will lead us forward," he has not yet posted on X platform like his cabinet colleagues. This lukewarm support suggests that Streeting may be waiting for the right moment. Instead, he chose to release some of his text messages with Mandelson in an attempt to distance himself from criticism regarding his close relationship with Mandelson and his support for his ambassadorial appointment. One of Starmer's allies stated that a silent majority within the Labour Party still does not want a change of leader.
The Dow Jones Industrial Average rose 20.20 points, or 0.04%, to close at 50,135.87 on Monday, February 9; the S&P 500 rose 32.52 points, or 0.47%, to close at 6,964.82; and the Nasdaq Composite rose 207.46 points, or 0.90%, to close at 23,238.67.
Musk: SpaceX will build a system that will allow anyone to travel to the Moon and Mars.
February 10th - U.S. stocks closed Monday with the Dow Jones Industrial Average up 0.04%, the S&P 500 up 0.47%, and the Nasdaq Composite up 0.9%. Nvidia (NVDA.O) rose 2.5%, Microsoft (MSFT.O) rose 3%, and Oracle (ORCL.N) rose over 9%. The Nasdaq China Golden Dragon Index closed up 0.12%, while Li Auto (LI.O) fell 3% and Bilibili (BILI.O) fell over 2%.
Federal Reserve's Bostic: I'm starting to see people questioning their confidence in the dollar.
February 10th - Mexico's decision to halt all oil shipments to Cuba has dealt a heavy blow to the fuel-poor nation, marking its first month without oil imports in a decade. Mexican President Sinbaum confirmed on Monday that oil shipments have been "suspended" due to Trump's threat to impose tariffs on any country selling or supplying oil to Cuba. Because Cuba is not disclosing relevant information, it is currently difficult to estimate how long the supply of motor vehicle fuel can be sustained. In a rare statement in 2024, a government official indicated that the island nation of approximately 10 million people needs about 8,200 barrels of gasoline per day, but under sanctions and blockades, this demand can barely be met.
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