US Stocks Get AI Boost As Trump Holds Fire On Tariffs: Markets Wrap
Jan 22, 2025 - ndtvprofit.com
The article discusses the impact of President Donald Trump's policies on the stock market, highlighting a rise in stocks as Trump maintained a favorable stance on global trade and announced a new investment push for artificial intelligence. This led to a boost in space shares and a decline in electric-vehicle makers. The S&P 500, Nasdaq 100, and Dow Jones Industrial Average all saw gains, with small caps benefiting from protectionist bets. The article also notes that Trump's executive orders and tariff proposals have influenced various sectors, with investors speculating on the potential effects of these policies on the market.
Additionally, the article touches on the broader economic outlook, mentioning that deregulation and less severe tariffs could benefit risky assets. It highlights the potential for equity laggards to rally if concerns about tariffs prove unfounded. The piece also covers corporate highlights, such as Apple's analyst downgrades and Charles Schwab's strong results, and lists key events for the week, including economic indicators and corporate announcements.
Key takeaways:
Trump's executive orders boosted space shares but negatively impacted electric-vehicle makers.
Stocks rose as Trump maintained a favorable stance on global trade, with AI investments expected to further boost the market.
US large-cap value and mid-caps are seen as having reversion potential and improving earnings trends.
Apple faced analyst downgrades due to concerns over soft iPhone sales, while other companies like Charles Schwab and Adidas reported better-than-expected results.
