U.S. stock market close | All three major Indexes rose, and the S&P reached a new high; Nuclear Power stocks performed strongly, with OKLO and AMR rising over 13%.
Trump calls on the Federal Reserve to lower interest rates immediately. The chip Index and NVIDIA briefly fell over 2%, but ultimately NVIDIA turned to rise, while Tesla fell. Industrial stock Caterpillar boosted the Dow by 400 points. Quantum computing stock Quantum fell over 6%. Nuclear Power stock Oklo, held by Sam Altman, turned to rise over 13%. Electronic Arts Inc fell nearly 17%. After a 0.7% decline, the Chinese concept Index turned to rise, and TAL Education soared 21%.
Last week, the number of people in the USA applying for unemployment benefits for the first time was 0.223 million, higher than expected.
In the week ending January 11, the number of people continuing to claim unemployment benefits increased by 46,000, seasonally adjusted to 1.899 million, also exceeding expectations, the highest since November 2021.
Trump at Davos: Calls Out BofA's Moynihan, JPMorgan's Dimon for Blocking Conservatives
Trump at Davos: EU Has Treated American Big Tech 'Very, Very Unfairly'
SPDR S&P 500 ETF Options Spot-On: On January 23rd, 7.11 Million Contracts Were Traded, With 17.71 Million Open Interest
On January 23rd ET, $SPDR S&P 500 ETF(SPY.US)$ had active options trading, with a total trading volume of 7.11 million options for the day, of which put options accounted for 56.21% of the total
President Trump Says I Want To Meet Immediately With Russia's Putin; Trump Says Zelenskiy Told Him He's Ready To Make A Deal