US stock futures slip slightly as markets remain cautious about President Trump's policies

From Investing.com: 2025-01-23 05:51:40

S&P 500 hits record high with Netflix gains, Trump’s AI boost
Netflix Inc (NASDAQ:) saw a nearly 10% surge in shares after reporting a record-breaking 19 million new subscriber additions in Q4 2024. Quarterly revenue rose to $9.5 billion, up 8% YoY, with net income at $915 million, a 12% increase. Plans to raise subscription prices were announced due to increased programming investments. President Trump’s $500 billion AI joint venture with tech leaders also boosted AI stocks, with Oracle up 7%, Microsoft up 4.1%, and Nvidia up 4.4%.

Markets cautious on Trump’s policies; more earnings on tap
President Trump’s inauguration on January 20 marked the start of a new administration with promised policy changes. Executive orders were issued, causing market caution ahead of potential tariffs. Trump avoided blanket tariffs on his first day, but mentioned imposing 10% levies on China and tariffs on the EU. Market focus remains on corporate earnings and potential volatility with Trump’s policy announcements. Quarterly earnings from Intuitive Surgical Inc, GE Aerospace, and American Airlines Group were anticipated.



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