Stocks traded mostly higher after President Trump, while being interviewed at the World Economic Forum in Davos, said he would “demand that interest rates drop immediately.” Trump didn’t mention the Federal Reserve in his comments,
Hair loss is an issue often associated with men but 40 percent of women says they experience it by age 40 so dermatologist Dr. Michelle Henry shares effective treatments women can take advantage of to revitalize their hair. 'Fast Money' traders talk industrial's leading the market higher.
Major US stock indices moved in opposite directions early Thursday following mixed earnings as markets looked ahead to a Davos address from President Donald Trump.
Stock futures are mixed early Thursday morning, with Dow futures (YM=F) in the green. Investors are eagerly awaiting comments from President Donald Trump, who is set to virtually address World Economic Forum attendees at 11 a.
The benchmark S&P 500 rose to a record closing high on Thursday, as investors assessed a mixed bag of corporate earnings and digested comments from President Donald Trump, including a call for cuts in interest rates and oil prices.
The SP 500 closed at an all-time high Thursday, gaining 0.5% to 6,118.72, with the Dow Jones rising 0.9% and the NASDAQ adding 0.2%. Investors analyzed corporate earnings and President Donald Trumps Davos address,
Shares of GE Aerospace were soaring toward levels not seen in nearly two decades after the maker of engines used by airlines and the military provided an upbeat earnings outlook for 2025 and said it was going to buy back more stock and boost its dividend by 30%.
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%.
The CEO of Germany's Merck KGaA said a recovery in sales growth at its existing business means it can take a cautious approach when it comes to buying other companies, which are expensively priced.
"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.
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 stock futures traded mostly lower Thursday, easing from record highs ahead of a speech by Donald Trump at Davos later in the session and as the earrings season continues. Here are some of the biggest premarket US stock movers today: Electronic Arts (NASDAQ:EA) stock slumped 16% after the video game maker cut its bookings guidance for the third quarter and the full year following weaker demand for its soccer franchise,