Markets mixed with Dow falling, Nasdaq and S&P 500 rising as tariff fears ease
From Nasdaq: 2025-01-06 16:30:31
Stocks had a mixed day on Monday, with the Dow slipping but the Nasdaq and S&P 500 posting gains. Changes to President-elect Trump’s tariff plan boosted tech and auto stocks. Traders are preparing for a shortened trading week due to President Jimmy Carter’s memorial.
LG Electronics partners with Microsoft for AI products. Canadian PM Justin Trudeau resigns as Liberal Party leader. Disney deal boosts FUBO stock. American Airlines receives two bullish notes, while T-Mobile faces downgrades.
Oil and gold prices dropped on Monday despite Middle Eastern demand and Chinese stimulus talks. WTI crude settled at $73.56 per barrel, while gold for January delivery fell to around $2,645.50 an ounce.
Read more at Nasdaq: Markets Mixed as Tariff Fears Ease, Chip Stocks Soar
