Track the market's reaction to President Donald Trump's speech in Davos, Switzerland, as well as corporate earnings and other developments on Thursday.
Stocks took a leg up after Trump said Thursday in a virtual address to the World Economic Forum that he would “demand that interest rates drop immediately.”
The Dow Jones Industrial Average (DJIA) continued its steady drift into the high end on Thursday, gaining 0.8% and adding around 350 points to the tally as investors broadly tilt into a risk on stance.
The stock market's premium valuation may be the biggest headwind standing in the way of Donald Trump overseeing another bull market run. There's a crystal-clear correlation between time and wealth creation on Wall Street.
The major indexes added to strong weekly gains. Tesla and AI chipmakers such as Nvidia and Arm are testing key levels.
Futures on the Dow Jones Industrial Average rose in electronic trade and the U.S. dollar slumped Monday after a report that President-elect Donald Trump won’t impose new tariffs during his first day of office.
The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
Stocks were jittery on Thursday as uncertainty lingers over President Donald Trump's plans for tariffs, while tech stocks digested recent gains on the White House's artificial-intelligence ambitions.
Futures on the Dow Jones Industrial Average soared Monday in electronic trade after a report that President-elect Donald Trump won't impose new tariffs on his first day of office. Dow futures ...
Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 rose 0.5% Thursday amid relatively quiet trading and surpassed the record it set early last month.