EPISODE · Jan 23, 2025 · 11 MIN
Pre-Market Report – Friday 24 January: US hits record | Trump wants lower oil and rates
from Market Updates · host Marcus Today
The S&P 500 rallied to record highs on Thursday after President Donald Trump called for lower interest rates and cheaper oil prices. The broad market index added 0.53%, notching an all-time intraday high for the second straight session. The benchmark finished the day at 6,118.71, surpassing its prior all-time closing high of 6,090.27 recorded in early December. The Dow Jones Industrial Average advanced 408.34 points, or 0.92%, to 44,565.07, while the Nasdaq Composite rose 0.22% to 20,053.68. Thursday marked the fourth straight winning session for all three major indexes.HEADLINESS&P 500 touches all-time high with focus on Trump comments, earnings.ASX to rise, Wall St hovers near highs, oil eases – SPI up 29Trump tells Davos he will demand lower interest rates, oil prices.Trump says he wants to meet Putin soon to ensure end of Ukraine war.US labor market stays on solid footing early in the year.BOJ likely to raise rates to highest in 17 years, signal more hikes.UK's Reeves promises changes in March if needed to meet budget rules.Putin growing concerned by Russia's economy, as Trump mulls more sanctions.Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community.
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The S&P 500 rallied to record highs on Thursday after President Donald Trump called for lower interest rates and cheaper oil prices. The broad market index added 0.53%, notching an all-time intraday high for the second straight session. The benchmark finished the day at 6,118.71, surpassing its prior all-time closing high of 6,090.27 recorded in early December. The Dow Jones Industrial Average advanced 408.34 points, or 0.92%, to 44,565.07, while the Nasdaq Composite rose 0.22...
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Pre-Market Report – Friday 24 January: US hits record | Trump wants lower oil and rates
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