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Trump Touts Economic Agenda in State of the Union as Support Shows Signs of Erosion

                         Trump touts a 'roaring economy' in his State of Union as Americans continue to struggle. President Donald Trump used his State of the Union address to spotlight what he described as a revitalized American economy, emphasizing job growth, rising wages, and renewed manufacturing activity. Speaking before a sharply divided Congress, Trump framed his economic record as evidence of strong leadership and a blueprint for continued national prosperity. Throughout the speech, he highlighted tax cuts, deregulation efforts, and trade policies that he said had strengthened the country’s global position. He also urged lawmakers to “stay the course,” arguing that reversing his policies would jeopardize economic momentum. Yet the address came at a moment when several national polls show a gradual decline in public support. Analysts point to concerns about inflation, uneven wage gains, and political p...
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Wall Street Ends Week With Small Gain, But Big Loss


The US stock indexes closed slightly higher on Friday, but it was not enough to prevent the S&P 500 and Nasdaq Composite from having their worst weekly performance in months. The uncertainty over interest rate cuts has been cited as a major factor in the decline.

The economic data releases offered contrasting views on the state of the US economy: a robust jobs report from the Labor Department, which showed US employers hired more workers than expected in December, and a weak services sector survey from the ISM (,Institute for Supply Management) which showed activity in the services sector fell in December.

Some individual stocks had notable movements on Friday, such as Peloton (up on a TikTok deal) and Palantir (down on a Jefferies report).


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