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what is the dow jones trading at today

With those gains, the KRE and KBE have risen nearly 5% and about 4.5%, respectively, since the week began. Consumer discretionary, financials and information technology each popped 2% and more. The bumpy ride for stocks in 2025 may not be over yet, according to UBS. The Fed’s “Beige Book” characterized growth as up “slightly to moderately” across its 12 districts as consumer spending and vehicle sales picked up while construction pulled back due to higher costs for materials and financing. Markets got a dose of relief as Trump held off from firing off the barrage of universal tariff hikes expected by many on his first day in office.

ETF movers

Wells Fargo reported fourth-quarter earnings that beat the Street’s expectations, sending shares higher by around 3%. The so-called core consumer price index, which strips out volatile food and energy currency and exchange rate real prices, rose 3.2% in December year over year. Overall CPI increased 2.9% year on year, in line with expectations.

Analysts surveyed by LSEG were expecting $1.56 per share and $4.66 billion in revenue. Israel and Hamas reached a ceasefire and hostage deal, NBC News reported, a potentially positive catalyst for risk markets as it removes a lingering sentiment headwind. Oil prices touched levels not seen since August, providing upward momentum to energy stocks. Wall Street braced for volatility as the new president storms ahead with executive orders and actions, with energy and trade center stage. Tuesday was the first day of trading in Trump’s second term, as US markets were closed Monday for the Martin Luther King Jr. holiday.

Quantum stocks soar Wednesday

Futures tied to the Dow Jones Industrial Average rose 54 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures climbed 0.1% and 0.3%, respectively. The SPDR S&P Regional Banking ETF (KRE) and the SPDR S&P Bank ETF (KBE) each popped more than 3% in the session. The company earned an adjusted $1.42 per share, beating an LSEG forecast of $1.35 per share. Wells also said it expects net interest income to increase 1%-3% in 2025 from the year-earlier period.

Stocks rise at the open to usher in Trump 2.0

It was the best-performing stock in the Dow Jones Industrial Average. December’s consumer price index showed that core inflation, which excludes food and energy, rose 3.2%, the Bureau of Labor Statistics reported Wednesday. This was a notch down from the previous month and lower than the 3.3% estimated by economists surveyed by Dow Jones.

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what is the dow jones trading at today

Growth stocks such as Tesla and other Big Tech names popped Wednesday after Treasury yields dropped on the slowdown in core inflation from December’s consumer price index report. Goldman Sachs shares advanced 1.8% Wednesday after the investment bank posted an earnings and revenue beat in the fourth quarter. Shares of Goldman Sachs popped about 6% on Wednesday following the investment bank’s earnings and revenue beat in the fourth quarter.

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  • Wednesday’s gains came after the consumer price index report showed core inflation came in slightly lower than economists expected.
  • The U.S. dollar fell Wednesday after December’s consumer price index report showed core inflation rose rose less than expected.
  • “Perhaps most importantly, today’s CPI number takes additional rate hikes off the table, which some market participants were beginning to prematurely price in.”
  • The bank reported $11.95 earnings per share on $13.87 billion in revenue.

However, the SEC complaint said that Musk didn’t properly follow disclosure rules, “allowing him to underpay by at least $150 million for shares he purchased after his financial beneficial ownership report was due.” Utilities, with a 1.3% gain, was the session’s leader, while communication services was the laggard and lost 0.97%. The materials, real estate and healthcare sectors closed more than 10% of their 52-week highs. Seven of the 11 GICS sector ended Tuesday’s trading session higher. Stronger-than-expected trading revenue in the prior period helped boost the company’s results. KBE’s last three-day winning streak came in late November, along with KRE’s.

Fourth-quarter earnings reporting got off to a positive start Wednesday, with big banks managing to broadly top the Street’s expectations. JPMorgan Chase shares rose nearly 2% after the bank reported an EPS and revenue beat, which was driven by strong fixed-income trading and investment banking results. Stocks surged Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December and major U.S. banks kicked off quarterly earnings reporting season with blowout results. Semiconductor stocks advanced Wednesday, as growth stocks broadly popped on the downturn in yields after the latest consumer price index report showed core inflation slowing in December. The U.S. dollar fell Wednesday after December’s consumer price index report showed core inflation rose rose less than expected.

  • Turning to inflation, prices rose “modestly overall” with pullbacks noted in retail and manufacturing.
  • Overall CPI increased 2.9% year on year, in line with expectations.
  • Israel and Hamas reached a ceasefire and hostage deal, NBC News reported, a potentially positive catalyst for risk markets as it removes a lingering sentiment headwind.
  • Growth stocks such as Tesla and other Big Tech names popped Wednesday after Treasury yields dropped on the slowdown in core inflation from December’s consumer price index report.
  • Economic activity ticked up over the past seven weeks, as did hiring and prices, according to an update Wednesday from the Federal Reserve.
  • The SPDR S&P Regional Banking ETF (KRE) and the SPDR S&P Bank ETF (KBE) each popped more than 3% in the session.
  • The next batch of quarterly earnings will provide more food for thought for investors.

Bank of New York Mellon is another financial stock climbing after earnings Wednesday. The three major indexes are on pace to notch their best day since the session immediately following November’s presidential election. The SPDR S&P Oil & Gas Exploration & Production ETF rose Wednesday and headed toward its sixth straight gain and its 15th positive session out of the last 16. The communication services sector jumped 2.7% on Wednesday, leading the S&P 500 higher. West Texas Intermediate crude hit $80.04 at session highs, marking its most expensive level since Aug. 13.

The next batch of quarterly earnings will provide more food for thought for investors. Netflix (NFLX) is expected to deliver android vs ios development difficulty cost and time market share etc strong results when it reports after the bell. Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day. Get the latest updates on US markets, world markets, stock quotes, crypto, commodities and currencies. The bank reported $1.72 in adjusted earnings per share on $4.85 billion of revenue.

what is the dow jones trading at today

But Trump then hinted late Monday that ‎wh selfinvest sa apps on the app store he was looking at imposing 25% duties for Mexico and Canada starting Feb. 1. By entering your email address, you agree to our Terms of Use and acknowledge the Privacy Policy.

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