Trump’s requirements pushed S&P to a new record

This is a report from today’s CNBC Daily Open, our newsletter on international markets. CNBC Daily Open gives investors information about everything they need to know, no matter where they are. Like what you see? You can subscribe there.

Trump’s appeal to Davos
US President Donald Trump spoke to him World Economic Forum In Davos, Switzerland, almost Thursday. In his speech, Trump said it would be “Require immediate decline in interest rates ”, Ask Saudi Arabia and OPEC “reduce the cost of oil“and the names Trade relations of the European Union with the US Very unfair.

Record close for S&P
The S&P 500 closed on a new maximum on Thursday As investors liked what they heard from Trump regarding the reduction of rates. All major US benchmarks have a four -day win. Regional Europe SToxx 600 index added 0.44%. Cougar The shares fell about 23% after the company failed to fulfill the profit for the whole 2024 and on Wednesday announced plans to reduce costs.

Cryptos, signed by Trump
Thursday fans of cryptocurrency got another push from Trump after he signed Executive order for the promotion of cryptocurrencies In the US, most of the order focuses on the establishment of technology and rules around the cry. One important parts is the creation of a working group for considering the National Digital Assets.

Boeing predicts great losses
Boiling said on Thursday that is probably lost about $ 4 billion in the fourth quarteror loss of $ 5.46 per share. Probably the income will be $ 15.2 billion, which is below the LSEG estimate. Boeing has not published its annual profit since 2018. The aircraft manufacturer started 2024 with air accident and finished it a by paralyzing a work strike and dismissal.

(Pro) quickly return to Apple?
Apple Shares go fourth consecutive week with losses and fell by almost 11% in January, while stocks are more directly related to artificial intelligence such as Nvidia and Oraclerallied. But these are still the first days of II. That’s why investors could return to Apple In the middle of the year, wrote a Goldman Sachs Analyst.

Cost USA raw and the global standard Brent He collapsed on Trump, saying that he would “ask Saudi Arabia and OPEC to reduce the cost of oil.”

And after Trump stated that “it would require immediate reduction of interest rates”, the yield of 2-year Treasury bonds, which tends to track short-term interest rates, decreased and the actions have increased.

Really, S&P 500 added 0.53% and closed on a record maximum of 6118.71. Its last closing maximum was 6090.27 in early December. The Industrial Index Dow Jones grew by 0.92% and Composite nasdaqe gained 0.22%. It was the fourth consecutive session in a plus for all three indexes.

But unlike numbers – which are actual (in any case, most often) – words can be moody.

“Trump’s speech in Davos contained some alleged positive lines (he urged OPEC to reduce oil prices, demanded from central banks to reduce interest rates and repeated previous promises to reduce taxes and regulation), but there was very little additional or controlled,” Adam. Crisafuli, founder of Vital Knowledge, said in a note.

This does not mean that Trump will not fulfill his statements. However, it is unreasonable to bet on comments not justified by specific actions.

On the other hand, there are some words that have politics and investors should take them seriously.

The US Federal Reserve is going on next week. While the chance of reducing the rate in this case is close to zero, according to Fedwatch from CMEGROUPThe fact that Chairman Jerome Powell says at his press conference “probably will cause market volatility,” according to James demert, main director of Main Street Research investment.

So, to find out what to listen, can be as important for investors as the figures.

– Alex Haring and Jesse Half with CNBC made their contribution to this report.