Stock futures are pointing to a mixed open for major indexes Tuesday as the market steadies itself after yesterday's sharp downturn.
The SPDR Dow Jones Industrial Average ETF Trust (DIA) is one of the largest and most liquid U.S. equity ETFs available to investors.
Stocks were sharply lower Monday afternoon on concerns about the competitive threat that China poses in the race to develop artificial intelligence.
U.S. stocks finished higher on Tuesday, as the S&P 500 and the Nasdaq Composite recovered most of their losses from the previous session after the sudden rise of Chinese AI startup DeepSeek sent shockwaves through Wall Street.
The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the election.
Key stocks in the Dow Jones Industrial Average (DJIA), including McDonald’s, JPMorgan, and Goldman Sachs. Analyze ratings, profitability,..
The S&P’s financials sector gained more than 2%, rising thanks to Q4 earnings reports released Wednesday morning from big banks Citigroup (shares up 7%), Goldman Sachs (up 6%), JPMorgan Chase (up 2%) and Wells Fargo (up 6%), all of which reported quarterly profits above average analyst estimates.
Donald Trump said DeepSeek should act as a “wake up call” for American companies after its emergence sparked a near $1 trillion stock market rout. The President hailed the arrival of the Chinese AI start-up as “positive”, adding it was good that companies in China have come up with a cheaper, faster method of artificial intelligence.
After President Trump dominated the market narrative in his first week in office, a Fed meeting, a check on the health of the US economy big tech earnings will also be in focus for investors in the week ahead,
"At the World Economic Forum in Davos on Thursday, U.S. President Donald Trump reiterated his threat to use tariffs to bring manufacturing back to the U.S.," said Solita Marcelli, chief investment officer for the Americas at UBS Global Wealth Management, in a note Friday.
Investors are keeping an eye on the 10-year Treasury yield, which has been rising on the back of strong corporate earnings. BlackRock CEO Larry Fink said Thursday that Trump's efforts to unleash capital in the private sector could stoke inflationary pressures and prompt the benchmark 10-year rate to retest the 5% level.
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