Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.

Stocks took a step up after Trump said in a virtual address to the World Economic Forum that he would “demand that interest rates drop immediately.”

On a weekly basis, Wall Street’s main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022.

The Dow Jones Industrial Average (DJIA) continued its steady drift into the high end on Thursday, gaining 0.8% and adding around 350 points to the tally as investors broadly tilt into a risk on stance.

The S&P 500 climbed to a fresh record on Thursday, driven by President Donald Trump’s calls for immediate interest rate cuts and cheaper oil prices.

Read about the market's reaction to President Donald Trump's speech in Davos, Switzerland where he called for lower rates and cheaper oil, as well as how corporate earnings were received and other developments on Thursday.

Wall Street traded slightly higher during midday Thursday as investors assessed the ongoing earnings season while closely monitoring policy signals from President Donald Trump.

The Dow Jones Industrial Average, one of the oldest stock market indices in the world, is compiled of the ... Concerns about a potential global economic fallout from Trump's protectionist policies ...

The S&P 500 jumped 0.5%, notching an all-time closing high. The Dow rallied 0.9%, while the Nasdaq Composite ticked higher by 0.2%. After touching a new intraday high during Thursday's session, the S&P 500 is also on track to close at a record.

Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.

Stocks were jittery on Thursday as uncertainty lingers over President Donald Trump's plans for tariffs, while tech stocks digested recent gains on the White House's artificial-intelligence ambitions.

During his speech in World Economic Forum at Davos, Trump urged companies to manufacture their products in the US and vowed to offer tax relief or else face tariffs. In his speech, Trump also revealed his plan to lower interest rates and ask OPEC to lower oil prices.