Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. U.S. markets will be closed Monday for the Martin Luther King holiday. Donald Trump's inauguration also will be Monday,
After struggling for the past month, U.S. stocks got a boost this week as the latest inflation data rolled in. As a result, both the S&P 500 and Dow Jones Industrial Average were heading for their strongest advance since the week when President-elect Donald Trump won reelection.
U.S. stocks ended up Friday, the last day of trading under U.S. President Joe Biden, as investors headed into a three-day weekend that will see Donald Trump inaugurated Monday. The Dow Jones Industrial Average closed 0.
While there's no guarantee the stock market will crash in 2025 under President Donald Trump, history suggests it's a practical lock that the major indexes will generate a healthy total return for investors over the next 20 years.
On an annualized basis, Biden’s Dow performance is slightly below the 50-year average, but higher than the average among 20th and 21st-century Democratic presidents. Among one-term presidents, the Dow’s performance under Biden is the worst since Jimmy Carter.
According to preliminary data, the S&P 500 gained 59.48 points, or 1.01%, to end at 5,996.82 points, while the Nasdaq Composite gained 291.91 points, or 1.51%, to 19,630.20. The Dow Jones Industrial Average rose 338.82 points, or 0.79%, to 43,491.95.
The major indexes reclaimed their 50-day moving averages while bitcoin also rallied into Donald Trump's presidential inauguration. Many stocks flashed buy signals.
Donald Trump oath ceremony is taking place on January 20 and the inauguration event will have an impact on US stock market.
The major indexes reclaimed their 50-day moving averages while bitcoin also rallied into Donald Trump's presidential inauguration. Many stocks flashed buy signals.
Stocks closed sharply higher Friday, sending the S&P 500 and Dow Jones Industrial Average to their biggest weekly gains since the week of the November presidential election.
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.
U.S. stocks finished higher on Friday, the final trading day of Biden's term in office. All three major benchmarks posted weekly gains amid a retreat in Treasury yields. Investors were also looking ahead to next week, when Trump is set to be inaugurated as president of the United States for the second time.