S&P 500 clinches first record close of 2025, Dow pops after Trump takes spotlight at Davos

  • Jenny McCall

    Good morning. Here’s what’s happening today.

    Economic data: Initial jobless claims (week ended Jan. 18); Kansas City Fed. Manufacturing Activity (January)

    Earnings: American Airlines (AAL), Alaska Airlines (ALK), CSX Corporation (CSX), Freeport-McMoRan (FCX), GE Aerospace (GE), Intuitive Surgical (ISRG), Texas Instruments (TXN), Union Pacific Corporation (UNP)

    Here are some of the biggest stories you may have missed overnight and early this morning:

    Trump’s new crypto token is the industry in its purest form

    Why Trump is laser-focused on tariffs for Canada

    Intel races to find next CEO before it sinks into irrelevance

    Amazon to cut 1,700 jobs, close warehouses in Quebec

    GE Aerospace posts earnings beat, plans $7B buyback

    American Air stock drops as 2025 profit forecast falls short

    Tesla to significantly hike prices for all models in Canada

    Musk clashes with OpenAI’s Altman over ‘Stargate’

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    #clinches #record #close #Dow #pops #Trump #takes #spotlight #Davos

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