Greenland, President Trump and Dow
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Stock futures pointed to a slightly lower open ahead of the final day of a volatile week of trading, while safe-haven gold futures set their latest record.
Stocks rose for a second session Thursday on easing geopolitical fears, placing the Dow Industrials on track for a narrow weekly gain.
Shares of Dow Inc. rallied 6.88% to $28.41 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.16% to 6,875.62 and the Dow Jones Industrial Average rising 1.
Stock futures advanced Thursday, a day after major equities indexes rebounded as President Donald Trump reduced tensions with European allies by backing off his threat of imposing new tariffs over Greenland.
U.S. Stock Market today is set to open in green as several pivotal factors are likely to drive S&P 500, Dow Jones, and Nasdaq.
Stocks moved lower on Wednesday (January 14) for a second day, pulling back further from record levels, as traders digested a fresh batch of earnings and monitored geopolitical developments. The S&P 500 dropped 0.
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History makes it clear that a sizable stock market decline is expected in the presumed not-too-distant future. However, there's nothing in the 155 years of valuation data that suggests a stock market crash is imminent or that one will occur during President Trump's second year.