US futures climb and gold hits another record as markets steady ahead of Trump’s speech at Davos

Associated Press (AP)EN 3 min read 75% complete by By  CHAN HO-HIM and MATT OTTJanuary 21, 2026 at 02:23 PM
US futures climb and gold hits another record as markets steady ahead of Trump’s speech at Davos

AI Summary

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U.S. stock futures climbed on Wednesday, recovering slightly after the previous day's significant drop, as investors awaited President Trump's speech at Davos. The S&P 500, Dow Jones, and Nasdaq composite all saw gains, while Treasury yields stabilized. Despite the market's recovery, gold prices reached a record high, indicating lingering investor caution. Halliburton and United Airlines shares rose following strong earnings reports, while Netflix and Kraft Heinz experienced declines due to subscriber growth concerns and potential share sales by Berkshire Hathaway, respectively. Trump addressed concerns about his interest in Greenland, acknowledging its impact on the market but expressing confidence in future growth.

Sentiment Analysis

Neutral
Score: 0.10

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Source
Associated Press (AP)
Classification Confidence
90%
Geographic Perspective
United States

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