The Dow Jones rallied on the stock market today amid moves by President Donald Trump. Cathie Wood snapped up a rebounding AI stock.
The Dow Jones Industrial Average and other major indexes traded higher, as investors reacted to President Donald Trump's comments on Mexican and Canadian tariffs. Meanwhile, Nvidia and Tesla were early winners on the stock market today.
Shares of Tesla Inc. TSLA dropped 0.05% to $394.74 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP falling 1.63% to 19,161.63 and Dow Jones Industrial Average DJIA falling 1.63% to 41,938.45.
The 10-year Treasury yield ( ^TNX) added to recent gains to touch a 14-month high, trading around 4.8% as US bonds sold off. Meanwhile, the dollar ( DX-Y.NYB) surged to a two-year high against major currency peers, with the UK pound ( GBPUSD=X ), in particular, coming under pressure.
Investing in the US stock market from India can be done with exposure to exchange-traded funds listed on US stock market exchanges.
Stock market on Wednesday, January 22, 2025, witnessed a mix of cautious optimism and volatility as investors responded to the latest economic reports and corporate earnings.
Stocks climbed as President Donald Trump struck a better-than-feared tone on trade and speculation grew that his policies will further boost Corporate America. Bonds continued to unwind the recent surge in yields.
The Dow Jones rallied Friday on strong key economic data. Apple, Nvidia stock and Tesla rebounded from Thursday's heavy losses.
Global stocks mostly rose as China's economy met its 5% growth target, boosting European markets. Asian shares had mixed results, with TSMC gaining on AI-driven profits. U.S. markets dipped on earnings reports.
U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. More stocks rose within the index than fell, but drops for some influential stocks like Tesla outweighed them.
Wedbush analyst Daniel Ives raised the firm’s price target on Tesla (TSLA) to $550 from $515 and keeps an Outperform rating on the shares. The
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. Netflix surged late on strong earnings while United Airlines and Interactive Brokers rose on results.Late Tuesday,