Stocks rose on earnings reports, but caution due to Trump's tariffs and mixed earnings results.

From Nasdaq: 2025-01-31 09:31:00

U.S. stocks rose on Thursday as investors reacted to earnings reports from tech companies and Trump’s tariff plans. The Dow Jones gained 0.4%, the S&P 500 rose 0.5%, and the Nasdaq climbed 0.3%. The VIX was down 4.35%. Investors were cautious due to Trump’s tariffs and mixed earnings reports from companies like Microsoft and Tesla.

In economic news, U.S. GDP grew 2.3% in Q4, slower than the previous quarter. Jobless claims totaled 207,000, down 16,000 from the previous week. Continuing claims were at 1,858,000. The Pending Home Sales Index dropped 5.5% in December. The economic scenario remains uncertain as investors weigh various factors impacting the market.

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Read more at Nasdaq: Stock Market News for Jan 31, 2025