Stocks stall but cap winning week as Trump’s remarks rattle Wall Street

#YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto

To get the latest market news, check out finance.yahoo.com

US stocks retreated on Friday, stalling a recent rally as investors digested the latest batch of earnings and weighed President Donald Trump’s hints at a softer stance on China tariffs.

The Dow Jones Industrial Average (^DJI) fell 0.3%, while the S&P 500 (^GSPC) also slipped 0.3% after the index hit its first record high of 2025 on Thursday. The tech-heavy Nasdaq Composite (^IXIC) gave up 0.5%.

Trump’s call at Davos for cuts to US interest rates, oil prices, and taxes spurred investor optimism for his policies, buoying stocks this week. The major gauges ended the holiday-shortened week with gains, demonstrating the power of Trump’s comments even as Wall Street questions his ability to execute the changes.

The Dow rose 3%, the S&P put on 2.8% and the Nasdaq gained 3.2% for the week.

On Thursday, Trump said he’d “rather not” impose tariffs on China — a softening in stance that eased some fears over the potential for a trade war. Chinese stocks (000300.SS) rose after the remarks in a Fox interview.

For more on this article, please visit:
https://finance.yahoo.com/news/live/stock-market-today-stocks-stall-but-cap-winning-week-as-trumps-remarks-rattle-wall-street-143105116.html

source