Shares of industrial and transportation companies rose after strong earnings. GE Aerospace soared after the maker of plane engines, formerly known as General Electric, posted fourth-quarter earnings ahead of Wall Street targets and boosted its dividend.
Shares of GE Aerospace GE slid 0.07% to $171.57 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.16% to 5,836.22 and the Dow Jones Industrial Average DJIA rising 0.
Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
Dow jumps as S&P 500 hits a record high. Trump pushes for rate cuts and cheaper oil, while rising jobless claims hint at economic softening.
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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%.
The Dow Jones Industrial Average and other major indexes extended their gains Wednesday, as Wall Street cheered President Donald Trump's $500 billion Stargate artificial intelligence project. Meanwhile,
The Dow Jones Industrial Average jumped on Thursday while the Nasdaq Composite is lagging. Nvidia supplier SK Hynix warned about demand uncertainty ahead, weighing on the broader chip space. Trending tickers on Yahoo Finance include Electronic Arts,
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 on January 23, 2025, reflects a mixed performance, with the Dow Jones rising, the Nasdaq Composite dipping, and the S&P 500 nearing record levels.
House hunters are having trouble committing because housing costs remain expensive. According to Freddie Mac, mortgage rates have moved higher over the past six weeks, but this week the average 30-year fixed mortgage rate fell 8 basis points to 6.96% from 7.04%.