Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
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.
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.
Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.
The Dow Jones index rose but other indexes lagged in the stock market today. Yield rose as investors awaited Trump's Davos address.
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) continues to lean into the bullish on Wednesday, climbing around 100 points and inching towards 44,200 as equities tilt into the buy button. There aren’t any particular reasons for a fresh bull run to kick off, but investors aren’t finding any particular reason for a turn into the bearish side, either.
Wall Street traded slightly higher during midday Thursday as investors assessed the ongoing earnings season while closely monitoring policy signals from President Donald Trump.
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.
The Dow Jones rose Wednesday on President Trump's $500 billion Stargate AI project. Netflix stock soared 14% on earnings.
Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
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.