Stocks took a step up after Trump said in a virtual address to the World Economic Forum that he would “demand that interest rates drop immediately.”
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
On a weekly basis, Wall Street’s main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022.
The S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) traded higher on Thursday following President Trump's remote comments at the World Economic Forum in Davos, Switzerland. The broad ...
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.
Speaking at the World Economic Forum in Davos ... The Nasdaq Composite slipped, while the Dow Jones Industrial Average advanced. The tech sector pulled back. Nvidia and ARM shares declined ...
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Read about the market's reaction to President Donald Trump's speech in Davos, Switzerland where he called for lower rates and cheaper oil, as well as how corporate earnings were received and other developments on Thursday.
US stocks were mixed with the S&P 500 (^GSPC) trading near record levels on Thursday as investors stayed attuned to remarks from President Donald Trump, who addressed the World Economic Forum in Davos.
The S&P 500 jumped 0.5%, notching an all-time closing high. The Dow rallied 0.9%, while the Nasdaq Composite ticked higher by 0.2%. After touching a new intraday high during Thursday's session, the S&P 500 is also on track to close at a record.
In midday trading, the Dow Jones Industrial Average fell 57 points ... oil prices and interest rates to be lowered at the World Economic Forum in Davos, Switzerland. On a weekly basis, Wall ...
"I'll demand that interest rates drop immediately and likewise they should be dropping all over the world," Trump said to business leaders from around the world. The yield on the 10-year U.S. Treasury note retreated from its intraday high of 4.664% following Trump's comments but closed at 4.648%, up from 4.599% on Wednesday.