US stocks closed up, with the S&P 500 notching a record for the 2nd day. Trump called for lower rates and oil prices in remarks to world leaders.
President Trump kept his promise to crypto investors, but the absence of the term “strategic Bitcoin reserve” from the executive order seems to be working against Bitcoin price.
GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.
Alaska Air Group ( ALK) shares climbed when the airline also topped profit and sales forecasts after it completed its acquisition of Hawaiian Airlines. While Alaska Air advanced, shares of American Airlines ( AAL) plunged as the carrier predicted its first-quarter loss would be more than expected and warned of higher costs.
The S&P 500 ( ^GSPC) was little changed, coming off a three-day win streak that saw the benchmark index close Wednesday on the cusp of setting a new all-time high. The Dow Jones Industrial Average ( ^DJI) traded 0.2% higher, with a record not far off.
Bitcoin prices across the world are witnessing a complete revolution over the past few months now, and Bank of America CEO Brian Moynihan has now revealed that big banks will soon begin accepting crypto payments for major transactions.
Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared. Futures for the S&P 500 lost 0.1% before the opening bell,
President Trump's administration promises pro-crypto regulations, favorable taxation, and strategic Bitcoin reserves, signaling potential growth. Read more here.
WASHINGTON (AP) — The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he’s sworn in as president next week.
Netflix bought back $1.7bn of stock in the first quarter, to take the total in 2024 to $5.3bn with the final quarter to come, compared to 2023’s total of $6bn. US airline stocks took off after United Airlines posted a third quarter earnings beat in October.
The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
US stocks were subdued at the open after this week's rallies pushed the S&P 500 to a record. Investors will eye trade clues from Trump's Davos speech.