Stock Market News Jan. 23: S&P 500 scores first record close of Trump's second term; Dow, Nasdaq end higher
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.
Stock market today: S&P 500 clinches first record close of 2025, Dow pops after Trump takes spotlight at Davos
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%.
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Treasury yield surpassed 5%, it could "shock" the stock market and "force a revaluation," BlackRock's Larry Fink said.
U.S. stock indexes are drifting higher following a mostly encouraging batch of profit reports from big companies.
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President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season ...
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