Stocks increase as President Trump's tariff threats ease, impacting global markets positively.
From NASDAQ: 2025-01-21 19:14:20
Stocks are up today, with the S&P 500, Dow Jones, and Nasdaq all posting gains. President Trump’s trade policy announcements are impacting market sentiment, with a focus on tariffs and global trade practices. T-note yields are falling, benefiting stocks, as inflation expectations drop. Earnings season is active, with strong estimates for S&P 500 growth.
Overseas markets show mixed results, with Euro Stoxx 50 down, Shanghai Composite down, and Nikkei up. European bond yields are lower, with expectations of interest rate cuts by the ECB. Economic indicators like new car registrations and the ZEW survey show varying results. ECB members hint at future rate cuts.
US stock movers include Moderna, Charles Schwab, 3M Co, Vistra Corp, Intel, Urban Outfitters, O’Reilly Automotive, DR Horton, Apple, Walgreens Boots Alliance, Teradyne, KeyCorp, Wendy’s Co, Freshworks, and eBay. Earnings reports for various companies are due on 1/21/2025.
Read more at NASDAQ: Stocks Rally as Trump Tariff Threats Temporarily Subside
