Overview
Today's U.S. stock market closed higher, bolstered by tech stock rallies and uncertainty surrounding President Trump's tariff actions. Entropic's positive announcement played a key role in the tech rally.
| Nasdaq Composite | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
A major news story
- Entropic announced the application of Claude and partnerships in the software industry, fueling the tech stock rally.
- AMD surged due to a new GPU supply contract with Meta.
- President Trump's threats of new tariffs on U.S. imports added uncertainty to the market.
Tomorrow's Economic Indicators
| Announcement Time | Details |
|---|---|
| 9 PM | U.S. MBA Mortgage Applications |
| 10:30 PM | U.S. EIA Crude Oil Inventories |
| 11:40 PM | Fed Powell's Speech |
| 12 AM | U.S. 5-Year Treasury Auction |
| 12:20 AM | Fed Moore's Speech |
General Opinion
This week is significant with AI-related earnings announcements and President Trump's State of the Union address, both holding the potential to either calm fears or deliver unexpected shocks to the market. Investors are likely to maintain a cautious approach amid the current uncertainty.
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daily stock summary
