The Market Brief
Hey team. US futures stalled in early trading after S&P 500 closed near all-time high as the market awaited economic data, more corporate earnings and remarks from President Donald Trump later in the day.
Let’s re-cap Wednesday’s session and see what’s next for the markets!
Impact Snapshot
🟥 Unemployment Claims - 8:30am
🟥 President Trump Speaks - 11:00am
Macro Viewpoint
Stocks paused their climb on Thursday following a surge that had pushed US benchmarks close to record highs since President Donald Trump’s inauguration.
US equity futures slipped in early trading after the S&P 500 ended just shy of its record peak, fueled by enthusiasm for artificial intelligence and earnings reports from major corporations.
Investors are still evaluating the implications of Trump’s initial days in office, which have delivered a mix of signals to the markets.
While his announcement to increase AI funding boosted major tech companies on Wednesday, concerns about potential tariffs on key trading partners continue to weigh on sentiment.
Near-term volatility is expected to persist as markets respond to the latest developments and headlines surrounding Trump’s administration.
Thursday’s focus will also include US jobless claims data and Trump’s speech at the World Economic Forum in Davos.
