The Dow and S&P 500 logged their sixth win in seven sessions
All three major indexes logged a third-straight daily win, with the S&P 500 also notching a record high as artificial intelligence (AI) buzz contributed to investor optimism. Today's pop followed news of President Trump's plans for AI infrastructure investment, worth around $500 billion. Strong earnings reports also lifted spirits, with more on the docket, including Alcoa (AA) and American Airlines (AAL).
Continue reading for more on today's market, including:
- Sharp sentiment shift could be a prime opportunity.
- AI infrastructure investment boosts Oracle stock.
- Plus, blue-chip post-earnings updates; analysts slams Celsius stock; and how stocks could perform after inauguration.
5 Things to Know Today
- Two students are dead and one injured at a high school in Nashville, TN, including the gunman who opened fire in the cafeteria before killing himself. (Bloomberg)
- The global effects of climate change has brought winter weather conditions to the southern United States, including Florida, Georgia, and Louisiana. (CNBC)
- Two Dow earnings to catch up on.
- Celsius stock slammed with downgrade.
- Historic stock market performance after inaugurations.
Oil Extends Losses to 4-Straight
Oil prices fell for a fourth consecutive session today, amid continued uncertainty over Trump's tariffs and energy policy. February-dated West Texas Intermediate (WTI) crude fell 39 cents, or 0.5%, to settle at $75.44 per barrel.
Gold futures continued their run higher, pushing closer toward a new record high as the greenback continued to disappoint. Gold for February delivery rose 0.3% to settle at $2,768 an ounce.