Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.

Dow Jones futures rose Thursday after higher-than-expected initial unemployment claims. Nvidia stock sold off, while Tesla reversed higher.

Stocks took a step up after Trump said in a virtual address to the World Economic Forum that he would “demand that interest rates drop immediately.”

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U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 250 points on Thursday. The Dow traded up 0.58% to 44,412.35 while the NASDAQ fell 0.30% to 19,949.51. The S&P 500 also rose, gaining, 0.09% to 6,091.83.

The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.

The Dow Jones Industrial Average ( ^DJI) moved to a session high, up 0.5% while the S&P 500 ( ^GSPC) gained 0.2%. The Nasdaq Composite ( ^IXIC) fell slightly. President Trump spoke remotely at the World Economic Forum in Davos, Switzerland, appearing via video to a packed room of CEOs and world officials.

Shares of Goldman Sachs and American Express are posting positive gains Wednesday afternoon, leading the Dow Jones Industrial Average rally. Supported by world-class markets data from Dow Jones ...

The S&P 500 jumped 0.5%, notching an all-time closing high. The Dow rallied 0.9%, while the Nasdaq Composite ticked higher by 0.2%. After touching a new intraday high during Thursday's session, the S&P 500 is also on track to close at a record.

US stocks ended higher on Thursday buoyed by US President Donald Trump calls for lower interest rates and reduced oil prices The Dow Jones Indus

U.S. stocks rose to a record Thursday as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 climbed 0.5% to surpass its record set early last month after coming close the day before.

WALL Street stocks finished higher on Thursday, shrugging off early weakness as investors digested President Donald Trump’s remarks to the World Economic Forum in Davos. Read more at The Business Times.