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Mixed U.S. Stocks Amid Slowing Growth, Global Gains Rise

1/17/2025

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Story summary
  • U.S. stock indexes had mixed results on Thursday; the S&P 500 rose by 0.2% amid varied earnings from Morgan Stanley and UnitedHealth Group.
  • Economic indicators revealed slowing growth, with retail sales falling short and unemployment claims increasing, though manufacturing showed surprising resilience.
  • Treasury yields held steady, with the 10-year yield at 4.66% and the 2-year yield at 4.29%.
  • Global markets experienced gains, especially in Europe and Asia, driven by optimism regarding economic conditions.