Stock market today: Dow rises, Nasdaq slips as Trump takes the spotlight at Davos

The S&P 500 and Dow Jones are nearing record highs, suggesting a bullish sentiment in the broader market, particularly in industrials. However, the tech sector, particularly companies like Nvidia facing demand uncertainty, indicates potential headwinds.

Given the warning from President Trump about tariffs and the mixed earnings reports, the outlook for American Airlines appears negative due to forecasted losses, which could lead to further declines in stock price.

GE Aerospace's positive earnings success and buyback strategy indicate a strong growth trajectory and confidence in future performance, potentially leading to a positive impact on stock prices.

Nvidia is facing uncertainty in semiconductor demand, as indicated by comments from its suppliers, which may lead to continued downward pressure on its stock in the near term.