"Stocks Approach Milestones as Wall Street Eyes Strong Q1 Gains and Truth Social Launch"

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Source: Investor's Business Daily
"Stocks Approach Milestones as Wall Street Eyes Strong Q1 Gains and Truth Social Launch"
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average rose as Wall Street reacted to a stronger-than-expected GDP reading for the fourth quarter, with the S&P 500 and Nasdaq also showing gains. Apple stock dropped after an analyst downgrade. Economic data including jobless claims and consumer sentiment numbers are expected to influence the quarter's performance. Key earnings movers include Braze, Jefferies, RH, and Walgreens Boots Alliance. Alphabet, Arista Networks, DraftKings, and ServiceNow are among the best stocks to watch. Magnificent Seven stocks Nvidia and Tesla saw mixed performance, while Microsoft traded lower.

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