Tech stabilizes after recent drop, mixed stock indexes with positive economic data and tariff concerns

From Nasdaq: 2025-01-28 12:07:59

Stock indexes are mixed, with the Dow at a 7-week high and the S&P 500 down. Corporate news impacts market, with General Motors and Lockheed Martin facing declines. US economic data beats expectations, supporting stocks. Trump’s tariff threats weigh on markets. Earnings season kicks off with tech giants reporting.

Overseas markets show a mix, with Euro Stoxx 50 up and Shanghai Composite closed for Lunar New Year. US interest rates rise as T-notes decline. ECB expected to cut rates by 25 bp. Cruise operators see gains. Invesco, Boeing, RTX Corp, Apple, and Ciena Corp lead stock movers.

Chip stocks and AI-infrastructure stocks face pressure as China’s DeepSeek challenges valuations. Analog Devices, Texas Instruments, Micron Technology, ASML Holding NV, and others decline. Polaris, Sysco, Graco Inc, and Paccar Inc also see losses. Earnings reports for Boeing, General Motors, Invesco, Lockheed Martin, and more on the horizon.



Read more at Nasdaq: Stocks Mixed as Tech Stabilizes from Monday’s Rout