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,
Market Domination Overtime anchors Julie Hyman and Josh Lipton preview key market events for Thursday, January 23. President Trump will virtually address the global leaders attending the 2025 World Economic Forum in Davos,
American Airlines (NASDAQ: AAL) stock slumped 8% after the carrier’s first-quarter earnings outlook on Thursday fell short of expectations, forecasting an adjusted loss per share of 20 cents to 40 cents for the first three months of 2025, breaking from a more upbeat outlook from its rivals.
US stocks were subdued at the open after this week's rallies pushed the S&P 500 to a record. Investors will eye trade clues from Trump's Davos speech.
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.
A couple from Arizona is suing American Airlines for alleged racial discrimination. The lawsuit was filed after an incident that happened when the couple was traveling for their honeymoon in 2022, where the two were reportedly accused of sex trafficking.
Milan is today among the best stock exchanges in Europe thanks to the performance of banks, with Unicredit in the lead. Trump's remote intervention at the Davos Forum hits the markets
During his speech in World Economic Forum at Davos, Trump urged companies to manufacture their products in the US and vowed to offer tax relief or else face tariffs. In his speech, Trump also revealed his plan to lower interest rates and ask OPEC to lower oil prices.
The Dow Jones Industrial Average rose 408.34 points, or 0.92 percent, to 44,565.07. The S&P 500 added 32.34 points, or 0.53 percent, to 6,118.71, hitting a record high. The Nasdaq Composite Index increased 44.34 points, or 0.22 percent, to 20,053.68.
Wall Street stocks finished higher Thursday, shrugging off early weakness as investors digested President Donald Trump's remarks to the World Economic Forum in Davos.
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%.