Stocks up on positive earnings, tech & software stocks climb, mixed economic data

From Nasdaq: 2025-01-28 13:04:04

Stock indexes are up today, with the Dow Jones hitting a 7-week high. Positive earnings from Royal Caribbean and Invesco are boosting stocks. GM and Lockheed Martin are down due to tariff threats. Trump’s comments on tariffs are weighing on the market. Economic data is mixed, with a focus on the upcoming FOMC meeting.

Megacap tech stocks like Apple and Microsoft are up, supporting the market. Software stocks are gaining on speculation about China’s AI startup. Cruise operators like Royal Caribbean are climbing on strong earnings forecasts. Boeing is optimistic about production rates. Chip stocks are under pressure after concerns about AI valuations.

Treasuries are down as stocks rebound. European bond yields are up. The ECB is expected to cut rates. Stock movers include Invesco, Vera Therapeutics, and RTX Corp. GM and Lockheed Martin are down. Chip stocks like Intel and AMD are under pressure. Polaris and Sysco are also down. Earnings reports are expected from Boeing, GM, and more.



Read more at Nasdaq: Stocks Edge Higher as Megacap Tech and Software Stocks Climb