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.
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.”
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.
"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.
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The S&P 500 climbed to a fresh record on Thursday, driven by President Donald Trump’s calls for immediate interest rate cuts and cheaper oil prices.
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Economic data remains ... 200-day Exponential Moving Average (EMA) near 41,300. The Dow Jones Industrial Average, one of the oldest stock market indices in the world, is compiled of the 30 most ...
The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, while the Nasdaq Composite ( ^IXIC) recovered from earlier session losses to finish the day up about 0.2%.
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 ...