Trading Tranquil: Wall Street Awaits Economic Cues

U.S. stock index futures remained stable as investors awaited economic data and President Trump's remarks. The Dow and S&P 500 showed strong performances, aided by Trump's AI infrastructure support and Netflix's results. However, uncertainty about trade plans persists, keeping investors cautious.


Devdiscourse News Desk | Updated: 23-01-2025 16:24 IST | Created: 23-01-2025 16:24 IST
Trading Tranquil: Wall Street Awaits Economic Cues
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Stock index futures in the U.S. witnessed minimal movement on Thursday morning, signaling a pause from Wall Street's recent strong showing. Investors are looking towards upcoming economic data releases, corporate earnings reports, and remarks from President Trump later today for cues.

The Dow E-minis edged up slightly, while S&P 500 and Nasdaq E-minis faced declines. This comes following a recent rally wherein the Dow and S&P 500 notched notable gains, with the latter hitting an intraday high for the first time in over a month.

President Trump's extensive backing of the artificial intelligence sector alongside strong Netflix earnings has been a positive force in the markets. However, apprehension remains due to uncertainty surrounding trade tariffs and international tax policies, with potential global trade disputes looming.

(With inputs from agencies.)

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