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Kiplinger
Kiplinger
Business
David Dittman

Stock Market Today: Dow Adds 408 Points as Trump Answers Davos Questions

Stocks were mixed to positive.

Stocks trended higher Thursday as President Donald J. Trump stepped onto the global stage for the first time during his second administration. Answering questions from a select panel at the Davos Economic Forum, President Trump gave comfort to market participants by promising to "demand" that interest rates come down "immediately."

Speculation about the timing and magnitude of promised new tariffs dominated commentary ahead of his appearance. But Trump stirred the pot in a different but not unexpected way during his live question-and-answer session with the Davos crowd.

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