We provide the latest news
from the world of economics and financeAll three major indexes logged a third-straight daily win, with the S&P 500 also notching a record high as artificial intelligence (AI) buzz contributed to investor optimism. Today's pop followed news of President Trump's plans for AI infrastructure investment, worth around $500 billion. Strong earnings reports also lifted spirits, with more on the docket, including Alcoa (AA) and American Airlines (AAL).
Continue reading for more on today's market, including:
Oil prices fell for a fourth consecutive session today, amid continued uncertainty over Trump's tariffs and energy policy. February-dated West Texas Intermediate (WTI) crude fell 39 cents, or 0.5%, to settle at $75.44 per barrel.
Gold futures continued their run higher, pushing closer toward a new record high as the greenback continued to disappoint. Gold for February delivery rose 0.3% to settle at $2,768 an ounce.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.