Stocks traded mostly higher after President Trump, while being interviewed at the World Economic Forum in Davos, said he would “demand that interest rates drop immediately.” Trump didn’t mention the Federal Reserve in his comments,
Dow jumps as S&P 500 hits a record high. Trump pushes for rate cuts and cheaper oil, while rising jobless claims hint at economic softening.
GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street estimates as strong travel demand amid persistent shortages of new aircraft bolstered sales of its high-margin parts and services.
Shares of GE Aerospace were soaring toward levels not seen in nearly two decades after the maker of engines used by airlines and the military provided an upbeat earnings outlook for 2025 and said it was going to buy back more stock and boost its dividend by 30%.
The stocks fell premarket, h
GE Aerospace reported better-than-expected fourth-quarter earnings on Thursday. GE Aerospace reported fourth-quarter sales of $9.9 billion, operating profit of $1.9 billion, and earnings per share of $1.
GE Aerospace stock is higher Thursday after the industrial firm topped analysts' fourth-quarter expectations and issued a strong full-year outlook. Here's what you need to know.
General Electric (NYSE: GE) Q4 2024 Earnings Call Jan 23, 2025, 7:30 a.m. ET
GE Vernova shares are falling in premarket trading Wednesday after the energy company reported worse-than-expected fourth-quarter results.
The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
The Dow Jones index rose but other indexes lagged in the stock market today. Yield rose as investors awaited Trump's Davos address.