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Stock market today: Wall Street begins Trump’s second term with gains

Stock market today: Wall Street begins Trump’s second term with gains

NEW YORK (AP) — U.S. stocks rose after more companies said they made bigger profits at the end of last year than analysts expected and as Treasury yields eased. The S&P 500 climbed 0.9% Tuesday, while many markets around the world took only tentative steps following Donald Trump’s return to the White House. The Dow Jones Industrial Average added 1.2%, and the Nasdaq composite gained 0.6%. Trump has promised sweeping moves to reshape global trade and the economy, often at other countries’ expense, but stock indexes in Asia and Europe mostly made only modest moves. Bitcoin pulled back from its record set on Monday.… Continue Reading

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