The benchmark S&P 500 and the Nasdaq struggled for direction on Friday, as investors avoided big bets and assessed fresh data to gauge the health of the economy, while Boeing dipped after issuing a quarterly profit warning.
Oil prices fell after Trump's comments, while the 10-year US Treasury yield rose, signaling that Trump may have less influence on interest rates.
Stocks took a step up after Trump said in a virtual address to the World Economic Forum that he would “demand that interest rates drop immediately.”
Trump's words are moving mountains—and markets. The S&P 500 surged to an all-time high of 6,118.71, breaking its previous December record of 6,090.27.
World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. Oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,
Stocks ended mostly higher Thursday, with the S&P 500 notching its first record finish since Dec. 6 — and its first of President Donald Trump's second term. It didn't take much, after the large-cap benchmark ended just shy of a record in Wednesday's session.
The S&P 500 climbed 0.5% to surpass its record ... about the prospect of tariffs in a speech by video at the World Economic Forum, saying products made outside of the United States will be subject ...
The benchmark S&P 500 rose to a record closing high on Thursday, as investors assessed a mixed bag of corporate earnings and digested comments from President Donald Trump, including a call for cuts in interest rates and oil prices.
U.S. stocks are drifting around a record amid a relatively quiet day on Wall Street. The S&P 500 rose 0.2% Thursday and was on track to squeak past its all-time
Stocks finished higher, with the S&P 500 closing at a fresh record, amid optimism over the new administration of President Donald Trump. The S&P 500, which also posted an intraday high for the second day in a row, gained 0.53% to close at 6,118.71, outpacing its prior all-time closing high of 6,090.27 recorded in early December.
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 S&P 500 was up slightly Thursday, gaining enough ground to put the large-cap benchmark on track for a record close if the advance holds. The S&P 500 was up around 12 points, or 0.2%, near 6,099 with around two hours left in the trading session.