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.

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.

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.

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.

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 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,

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.

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 ( ^GSPC) rose more than 0.1%, coming off a three-day win streak that saw the benchmark index close Wednesday on the cusp of setting a new all-time high. The Dow Jones Industrial Average ( ^DJI) traded 0.6% higher, with a record not far off.

Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give back gains following sharp moves higher after the announcement of the Stargate AI initiative.

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.