Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.
U.S. stocks ended mostly lower on Monday, as attention on Chinese startup DeepSeek raised the prospect of cheaper AI development, sparking a tech selloff. The Dow Jones Industrial Average ended Monday up roughly 0.
Shares of NVIDIA Corp. and Boeing are trading lower Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of NVIDIA Corp. and Boeing are contributing to the index's intraday decline,
The SPDR Dow Jones Industrial Average ETF Trust (DIA) is one of the largest and most liquid U.S. equity ETFs available to investors.
This was the stock's third consecutive day of losses.
Stocks closed lower Wednesday after the Federal Reserve left its key interest rate unchanged amid persistent inflation, as investors prepared for a slew of earnings reports from major technology companies.
Shares of energy companies ticked up as traders sought out sectors that benefit from inflation. Oil futures fell to the lowest mark of the month, declining 1.6% to $72.62 a barrel, following an increase in commercial stockpiles.
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September. The S&P 500 fell 0.5% Wednesday. The Dow Jones Industrial Average dipped 0.
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.
Dow said the staff reductions are part of a plan to cut $1 billion in costs, citing “persistently weak macroeconomic conditions.”