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, S&P 500, and Nasdaq gain, as the stock market digests the latest comments from President Donald Trump. The S&P 500 notched a new closing record.
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The S&P 500 ( ^GSPC) was little changed, 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 0.2% higher, with a record not far off.
Dow Jones futures rose Thursday after higher-than-expected initial unemployment claims. Nvidia stock sold off, while Tesla reversed higher.
ET, Dow E-minis were up 12 points, or 0.03%, S&P 500 E-minis were down 10.25 points, or 0.17% and Nasdaq 100 E-minis were down 103.5 points, or 0.47%. The S&P 500 and the blue-chip Dow logged their sixth session of advances out of seven on Wednesday,
The stocks fell premarket, h
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US President Trump announces Stargate Project with Oracle, SoftBank, and OpenAI, creating job opportunities and potential collaborations for India.
The Dow, S&P 500, and Nasdaq are rising Tuesday as the stock market braces for more orders from President Donald Trump.
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history."