The Dow Jones rose Thursday after higher-than-expected initial unemployment claims. Nvidia stock sold off, while Tesla reversed higher.
Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.
The Dow Jones Industrial Average and other major indexes traded sharply mixed Thursday, as Wall Street reacted to higher-than-expected weekly unemployment claims from the Labor Department. Meanwhile,
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Stock market on Wednesday, January 22, 2025, witnessed a mix of cautious optimism and volatility as investors responded to the latest economic reports and corporate earnings.
Stocks climbed as President Donald Trump struck a better-than-feared tone on trade and speculation grew that his policies will further boost Corporate America. Bonds continued to unwind the recent surge in yields.
Global stocks mostly rose as China's economy met its 5% growth target, boosting European markets. Asian shares had mixed results, with TSMC gaining on AI-driven profits. U.S. markets dipped on earnings reports.
U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. More stocks rose within the index than fell, but drops for some influential stocks like Tesla outweighed them.
Shares were mostly lower in Asia on Friday after China reported that its economy grew at a 5% annual pace last year, hitting the government’s target but slowing from the year before. U.S. futures edged higher and oil prices also climbed.
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Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...
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