Wall Street Closes Higher on January 23, 2025, as Trump Calls for Lower Interest Rates at Davos; European Markets Hit New High

Wall Street closed higher on January 23, 2025, driven by former President Donald Trump's demands during the World Economic Forum in Davos. Following his remarks, European markets reached new highs, with expectations for lower interest rates influencing investor sentiment. Reports indicated that European markets were set to open higher as a result of Trump's statements, which resonated positively across various financial platforms.