LIVE Trump Treasury secretary nominee Scott Bessent's confirmation hearing Nasdaq GIDS - Delayed Quote • USD Capital Strength Index (^NQCAPSTR) Follow 0.0000 0.0000 (0.00%) Related News Stock market today: Dow, S&P 500, Nasdaq edge lower amid earnings rush, Bessent confirmation hearing Investors are looking to more big bank earnings and fresh retail sales data to help keep the rally going. Scott Bessent to face questions about tariffs and Trumponomics 2.0 in Senate grilling Markets will be monitoring Scott Bessent's Thursday sitdown with the Senate for insights on the early mixed signals about Trumponomics 2.0. Nasdaq surges by over 2.4% after December CPI lifts stocks US stocks (^DJI, ^IXIC, ^GSPC) close out the trading day with a bang, surging higher after December's Consumer Price Index (CPI) saw core inflation (which excludes food and energy costs) to be cooling. The Nasdaq Composite shot up by a whopping 2.45% — or 466 — followed by the S&P 500 jumping by over 1.8%. Market Domination Overtime host Julie Hyman compares the positive action for equities with the declines in bond yields (^TYX, ^TNX, ^FVX), while also turning her attention to the Russell 2000 small-cap index (^RUT) and Big Bank earnings. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan. New inflation reading likely keeps the Fed on pause for now Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing. Dow Jones Stocks: Nvidia Reverses Lower; Apple Sells Off With the Dow Jones Industrial Average looking to add to last year's strong gains, the best Dow Jones stocks to watch in January 2025 are Amazon.com, Apple, Nvidia, Salesforce and Walt Disney. There are clear winners — and losers — at the start of January 2025. Next Fed Meeting: The Rate-Cut Outlook And What It Means For Stocks The next Federal Reserve meeting is unlikely to deliver a fourth straight rate cut. When will the next rate cut come, and why does it matter for the S&P 500? Luxury stocks soar as Richemont sparks rally and hopes of sector turnaround Luxury goods stocks jumped on following Cartier-owner Richemont a surge in sales, prompting hopes of a turnaround for the sector. Wall Street on Hold as Bessent’s Remarks in Focus: Markets Wrap (Bloomberg) -- Stocks, bonds and the dollar saw small moves, with Treasury secretary nominee Scott Bessent due to appear before Senate.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesChurches, Cinemas — and Moon Artifacts — Top List of Endangered MonumentsNYPD Reforms Car Chase Policy Amid Rising Crashes, InjuriesEquities fluctuated, following an alm 4 Simple ETFs to Buy With $1,000 and Hold for a Lifetime Looking for a simple way to invest $1,000 for the long term? You can buy these four ETFs now and hold them forever. US Equity Futures Mixed as Traders Prepare for Flurry of Reports US equity futures were mixed before Thursday's opening bell as traders looked ahead to a flurry of e Surprising December retail sales report upends inflation bets Record holiday spending powered a better-than-expected gain for a key retail sales component last month. Steer Toward Gains With These 2 Hot Domestic Auto Stocks With the Zacks Domestic Auto industry being ranked favorably, stocks like GM and BLBD are worth buying now. 3 Audio Video Stocks to Gain From Strengthening Industry Trends Investments in cutting-edge and innovative solutions are likely to aid Zacks Audio Video Production industry participants like SONY, DLB and GPRO amid cautious discretionary spending. Equity Futures Mixed Ahead of Economic Calendar With Varying Numbers US equity futures were mixed in Thursday's premarket ahead of jobless claims and retail reports that Rosenberg Research Notes Possible Canada Losses From U.S. Trade Tariffs If the Donald Trump team goes ahead with the United States 25% trade tariff on Canada, the hit to th Reasons Why You Should Invest in Genpact Limited Stock Now G leverages AI and digital expertise to drive growth, innovation and strong shareholder returns. Palantir Was the Top-Performing Stock in the S&P 500 in 2024. But This Other Artificial Intelligence (AI) Powerhouse Has Been the Best S&P 500 Stock Over the Last 2 Decades. Shares of Palantir surged 340% in 2024, making it the top-performing stock in the S&P 500. Crypto Daybook Americas: Bitcoin Bulls Lose Momentum Before Bessent Confirmation Hearing Your day-ahead look for Jan. 16, 2025 Point72's new AI fund near $1.5 billion after double-digit returns, sources say Steven Cohen's Point72 Asset Management's new artificial intelligence (AI)-focused fund posted a 14% gain after launching just three months ago, growing the fund to nearly $1.5 billion, according to sources familiar with the matter. Point72 Turion, which kicked off trading in October and is run by portfolio manager Eric Sanchez, was expected to reach $1.5 billion in April based on its performance and subscriptions. The hedge fund that picks winners and losers in the AI supply chain rose 3.5%, 4.9% and 5.2% in October, November and December respectively, ending 2024 up 14.2%, compared to a 6.2% in the Nasdaq Composite Index during the same period. Could January Predict Whether Stocks Will Be Up or Down in 2025? Here's What History Says. After coming off a strong performance in 2024, when the S&P 500 (SNPINDEX: ^GSPC) rose by more than 23%, it has been going nowhere in the first few weeks of the new year. This has some investors worried that this could be the start of a disappointing year, especially with many stocks already trading at sky-high valuations. Is a slow start to the year a bad omen for investors?