GE Aerospace reported better-than-expected fourth-quarter earnings on Thursday. The 2025 outlook from the company looked solid too.Investors don’t have much to complain about. Shares rose.GE Aerospace reported fourth-quarter sales of $9.
Shares of industrial and transportation companies rose after strong earnings. GE Aerospace soared after the maker of plane engines, formerly known as General Electric, posted fourth-quarter earnings ahead of Wall Street targets and boosted its dividend.
Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
Dow jumps as S&P 500 hits a record high. Trump pushes for rate cuts and cheaper oil, while rising jobless claims hint at economic softening.
Read about the market's reaction to President Donald Trump's speech in Davos, Switzerland where he called for lower rates and cheaper oil, as well as how corporate earnings were received and other developments on Thursday.
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%.
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The S&P 500 hit a high. Tesla launched the new Model Y in the U.S. and Europe. AI stocks like Nvidia are testing key levels.
The Dow Jones Industrial Average jumped on Thursday while the Nasdaq Composite is lagging. Nvidia supplier SK Hynix warned about demand uncertainty ahead, weighing on the broader chip space. Trending tickers on Yahoo Finance include Electronic Arts,
Stock market on January 23, 2025, reflects a mixed performance, with the Dow Jones rising, the Nasdaq Composite dipping, and the S&P 500 nearing record levels.
Wall Street stocks finished higher Thursday, shrugging off early weakness as investors digested President Donald Trump's remarks to the World Economic Forum in Davos.
GE Aerospace reported better-than-expected fourth-quarter earnings on Thursday. The 2025 outlook from the company looked solid too. Investors don’t have much to complain about. Shares were rising after the results were released.