The Dow Jones Industrial Average on Friday looked set to open modestly higher as President Donald Trump delivered a speech at the World Economic Forum in Davos, Switzerland that invited companies to do business in America and indicated the the world’s No. 1 economy wanted to do “fair and reciprocal” trade deals. Futures for the Dow Jones Industrial Average were up 54 points, or 0.2%, at 26,430, S&P 500 futures were up 0.3% at 2,850, while futures for the Nasdaq-100 were showing a gain of 0.5% at 6,966.25. Trump said “America first does not mean America alone” and promoted a wave of pro-business policies that he said has allowed the stock market to “smash record after record.” The Dow , the S&P 500 and the Nasdaq Composite Index have mostly risen to all-time highs in January on the back of better-than-expected quarterly reports and in anticipation that Wall Street friendly legislations will boost economic growth and the market.
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