The Dow Jones Industrial Average (DJIA) absorbed newly-minted President Donald Trump’s last-minute pivot away from enacting sweeping tariffs on his first day in office with jubilation. The major equity index climbed over 400 points and is now testing the 44,000 handle for the first time since mid-December.
The Dow Jones rallied on the stock market today amid moves by President Donald Trump. Cathie Wood snapped up a rebounding AI stock.
Futures on the Dow Jones Industrial Average rose in electronic trade and the U.S. dollar slumped Monday after a report that President-elect Donald Trump won’t impose new tariffs during his first day of office.
Led by positive momentum for shares of 3M and Boeing, the Dow Jones Industrial Average is climbing Tuesday morning. The Dow Dow Jones Industrial Average was most recently trading 293 points higher (0.7%), as shares of 3M 3M Co. and Boeing Boeing Co. have contributed to the index's intraday rally.
3M stock zoomed 5.5% higher above $148.50, while the DJIA gained 1%. The NASDAQ advanced 0.3%, and the S&P 500 added 0.6%. CEO William Brown said that he was going to tilt 3M, the maker of common brand names like Scotch tape and Post-It Notes, toward new products. As such, the company expects organic growth between 2% and 3% in 2025.
At the close in NYSE, the Dow... Investing.com-- The S&P 500 ended a strong week on a high Friday, as bullish bets on stocks continued just days ahead of President-elect Donald Trump inauguration ...
Among the Dow Jones Industrial Average's 30 components, there are two historically cheap brand-name companies, as well as a new member that's priced for perfection in an imperfect industry.
It has been an astounding run from the depths of the pandemic last spring when the blue chip index bottomed out just above 18,000.
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.
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The Dow Jones rallied on the stock market today amid moves by President Donald Trump. Cathie Wood snapped up a rebounding AI stock.