NEW YORK — U.S. stocks are drifting as momentum comes out of the “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 was flat early Tuesday, coming off its latest all-time high. The Dow Jones Industrial Average was up 39 points, and the Nasdaq composite was down 0.1%. Stocks have been rising on expectations that Trump’s preference for lower tax rates, higher tariffs and less regulation will mean faster economic growth.
Japan's benchmark Nikkei 225 reversed early gains to decline 0.4% and finish at 39,376.09, weighed down by uncertainty about how Trump's policies, including tariffs, may affect local industries.Chinese tech stocks have been declining lately, while investors also have their eyes on upcoming earnings reports out of China.
Several pieces of what’s known as the “Trump trade” has helped drive the market, as investors try to identify which companies will be winners under a second Trump term.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Wall Street hangs near its records as bank stocks rise, oil tumblesNEW YORK (AP) — U.S. stocks are hanging near their records after several big banks delivered stronger profits for the summer than analysts expected, while the price of crude oil tumbled again. The S&P 500 was up 0.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Wall Street drifts around its records as the US economy keeps hummingNEW YORK (AP) — U.S. stocks are drifting around their records Thursday following the latest signals that the U.S. economy continues to hum.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Wall Street ends mixed even as the Dow ekes out another recordNEW YORK (AP) — U.S. stocks ended on a mixed note following the latest signals that the U.S. economy continues to hum. The S&P 500 closed little changed Thursday. The Dow Jones Industrial Average added 0.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Wall Street hangs around its record highs as earnings reports come in mixedNEW YORK (AP) — U.S. stocks are hanging around their records after Netflix jumped and CVS Health slid amid mixed reports on profits. The S&P 500 was up 0.2% in early trading Friday and flirting with its all-time high set early this week.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Wall Street drifts around its recordsNEW YORK (AP) — A mixed Monday on Wall Street has U.S. stocks drifting around their all-time highs.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Wall Street drifts around its recordsNEW YORK (AP) — U.S. stock indexes are drifting around their records. The S&P 500 rose 0.3% in early Monday trading, coming off its latest record-setting week. The Nasdaq composite was up 0.
Source: SooToday - 🏆 8. / 85 Read more »