Wall Street’s main indexes closed lower on Friday as investors stepped back while they digested a mixed bag of economic data and earnings reports and prepared for a week filled with economic releases and a Federal Reserve meeting.
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.”
Speaking at the World Economic Forum in Davos ... The Nasdaq Composite slipped, while the Dow Jones Industrial Average advanced. The tech sector pulled back. Nvidia and ARM shares declined ...
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.
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"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.
Wall Street traded slightly higher during midday Thursday as investors assessed the ongoing earnings season while closely monitoring policy signals from President Donald Trump.
The S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) traded higher on Thursday following President Trump's remote comments at the World Economic Forum in Davos, Switzerland. The broad ...
The Dow Jones Industrial Average, one of the oldest stock market indices in the world, is compiled of the ... The focus shifts to the mid-tier US economic data. Gold price (XAU/USD) remains ...
is a passive ETF that tracks the Dow Jones Industrial Average, one of the oldest and most recognized stock market indexes in the world. The index itself is a narrow benchmark of just 30 prominent ...
The S&P 500 jumped 0.5%, notching an all-time closing high. The Dow rallied 0.9%, while the Nasdaq Composite ticked higher by 0.2%. After touching a new intraday high during Thursday's session, the S&P 500 is also on track to close at a record.