The Dow Jones Industrial Average and other major index futures traded higher after a critical inflation report failed to surprise investors. Apple (AAPL), Atlassian (TEAM), and Deckers Outdoor (DECK) were among the top-performing stocks in earnings news.
Friday’s opening bell brought a 0.1% gain for the Dow, while the S&P 500 rose 0.5%. The tech-heavy market saw significant movement after the release of key earnings reports from Apple, Atlassian, and Deckers Outdoor.
In related news, President Trump has signed an order increasing tariffs on goods imported from Canada, Mexico, and China. This move is likely to impact investors in various industries, including technology and manufacturing.
Markets are also keeping a close eye on Palantir’s upcoming earnings report, as well as the jobs report scheduled for release later this week. The White House is facing a delicate balancing act when it comes to regulating AI chips in the tech sector.
Meanwhile, stocks like Exxon Mobil and Chevron saw another dip in Q4 earnings, despite reporting production increases.
Source: https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-core-pce-price-index-deckers-stock-deck