Stocks were mixed on Friday as President Trump’s latest announcement of new tariffs and China’s vow to retaliate heightened trade tensions.

Shortly after the market opened, the S&P 500 and Nasdaq-100 shed 0.2% and 0.8%, respectively, while the Dow Jones Industrial Average popped by 0.16%.

The personal consumption expenditures (PCE) price index, a key inflation gauge tracking consumer spending on goods and services, was released in the morning, showing a 2.6% annual inflation rate for January—matching estimates and signaling steady inflation.

Here are stocks to watch today:

Dell

Dell (DELL) shares declined 8% in the morning trading on Friday after the tech company posted better-than-expected earnings but reported revenue of $23.9 billion, falling short of the projected $24.55 billion. Investors are also concerned about the profitability of the firm’s server business.

Monster Beverage

Monster Beverage (MNST) stock gained on Friday after the drink company’s quarterly net sales topped analysts’ expectations, even as earnings per share fell short, Reuters reported.

NetApp

NetApp’s (NTAP) shares fell in the morning as the company’s revenue missed consensus.

Nvidia

AI powerhouse Nvidia (NVDA) traded lower by 1.3% in the morningfollowing President Trump’s tariff plans and China’s vows to take retaliatory measures.

Earlier this week, the chip giant surpassed fourth-quarter estimates with robust guidance, highlighting sustained demand fueled by the artificial intelligence boom.

Rocket Lab

Rocket Lab (RKLB) stock plunged 11% in the morning trading after the commercial space company posted fourth-quarter results that were in line with expectations but issued disappointing guidance and announced product delays.

SMCI

Super Micro Computer (SMCI) shares fell 5%, wiping out gains from earlier this week as the escalating tariff war and economic concerns weighed on the AI hardware maker.

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