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,
The Dow Jones index rose but other indexes lagged in the stock market today. Yield rose as investors awaited Trump's Davos address.
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%.
A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.
President Donald Trump promised global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t.
Schneider Electric is keen to cooperate with U.S tech giant Nvidia in developing data centers in Vietnam, said Jean-Pascal Tricoire, chairman of the French industrial technology giant.
JPMorgan Chase & Co. Chief Executive Jamie Dimon said this week that asset prices, including stocks, were "kind of inflated, by any measure," during a CNBC interview at the World Economic Forum in Davos, Switzerland.
Discover how the $500 billion AI infrastructure initiative by OpenAI, SoftBank, Oracle, and MGX is creating investment opportunities in multiple sectors.
President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.
The S&P 500 hit a high. Tesla launched the new Model Y in the U.S. and Europe. AI stocks like Nvidia are testing key levels.
BI's takeaways and memorable moments from Davos, including 'FOBO' — fear of being obsolete — and how a CEO traded the meeting room for the ski slope.
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.