The Dow Jones fell Friday ahead of inflation data. Amazon, Broadcom, Meta and Netflix are among the best stocks to buy and watch.
Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
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.
Johnson & Johnson is one of several Dow Jones Industrial Average stocks reporting financial results this week. A look at the key items and numbers to watch.
The S&P’s financials sector gained more than 2%, rising thanks to Q4 earnings reports released Wednesday morning from big banks Citigroup (shares up 7%), Goldman Sachs (up 6%), JPMorgan Chase (up 2%) and Wells Fargo (up 6%), all of which reported quarterly profits above average analyst estimates.
The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the election.
The Dow Jones Industrial Average jumped on Thursday while the Nasdaq Composite is lagging. Nvidia supplier SK Hynix warned about demand uncertainty ahead, weighing on the broader chip space. Trending tickers on Yahoo Finance include Electronic Arts,
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U.S. stocks traded sharply higher in Wednesday's final hour of trading, with the Dow Jones Industrial Average and S&P 500 headed for a third consecutive session of gains after December's CPI data sparked a relief rally.
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.
Earnings season will roll on this week with 43 S&P 500 companies reporting, headlined by large-cap tech giant Netflix. But whether or not earnings will truly be the focus in the coming weeks will be tested, as political headlines are expected to pile in as Trump is sworn into office.
The Dow Jones fell Friday after inflation data. Amazon, Broadcom, Meta and Netflix are among the best stocks to buy and watch.