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.
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,
In a report released yesterday, Ravi Shanker from Morgan Stanley maintained a Buy rating on American Airlines (AAL – Research Report), with a
The S&P 500 climbed to a fresh record on Thursday, driven by President Donald Trump’s calls for immediate interest rate cuts and cheaper oil prices during his virtual address to the World Economic Forum.
The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.
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%.
CNN Business Fear & Greed Index tracks market sentiment based on fear & greed levels. With a reading of 47, it moved to Neutral on Thursday.
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
US stocks closed up, with the S&P 500 notching a record for the 2nd day. Trump called for lower rates and oil prices in remarks to world leaders.
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.”
On Thursday, the S&P 500 reached record highs, driven by US President Donald Trump’s calls for reduced interest rates and cheaper oil prices, as reported by CNBC.
The TSX index raced ahead 81.56 points by noon hour EST to 25,393.06. The Canadian dollar stayed afloat 0.15 cents at 69.61 cents U.S. RBC downgraded the rating of AG Growth International to "sector perform" from "outperform".