US stocks open at fresh record highs

Economies.com
2020-01-22 15:17PM UTC

US stocks indices opened higher on Wednesday to new record highs, buoyed by positive earnings reports by some companies, while the market focus on developments at the Davos economic forum in Switzerland.

 

President Trump said today that if had the Federal Reserve not done the big raise on rates, Dow Jones would have rose 10,000 points more, but raising the interest rate was just a big mistake that have hurt the economy and its growth.

 

Trump also criticized the Democrats in US Congress and his conviction at the US Senate, saying that if he were in the US, he would have attended himself and looked at the faces of some members he described as "corrupt."

 

The earnings reports season for the fourth quarter of 2019 is continuing to flow, as IBM and Netflix revealed their results yesterday.

 

At 15:15 GMT, Dow Jones was higher by 0.3% or 82 points to trade at 29,277, Nasdaq added 0.5% or 48 points to 9,419, and S&P 500 rose by 0.3% or 10 points to 3,331.

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