Related News

Audrey Nuna, EJAE and Rei Ami attend the KPop Demon Hunters Special Screening at Netflix Tudum Theater on June 16, 2025 in Los Angeles, California., U.S. Charley Gallay | Getty

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg |

Satya Nadella, CEO of Microsoft, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Microsoft CEO Satya Nadella

Cheng Xin | Getty Images News | Getty Images DraftKings is acquiring predictions platform Railbird as it prepares to launch a mobile platform in the coming months to be called

Warner Bros. Discovery has signaled that it may be open to a sale of its business just months after announcing plans to split into two companies. In an announcement Tuesday,

OpenAI said Tuesday it is launching an artificial intelligence-powered website browser, heightening the company’s competition with Google, the Alphabet-owned unit that has long dominated online search. The new browser, called

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

US markets today: Wall Street inches up in choppy week as S&P 500, Nasdaq hit fresh highs

Word Count: 750 | Estimated Reading Time: 4 minutes


US markets today: Wall Street inches up in choppy week as S&P 500, Nasdaq hit fresh highs

US stocks edged higher on Friday, keeping major indexes on track to close the week with gains, as upbeat earnings and relief over tariff policy continued to support sentiment. The S&P 500 rose 0.3% in early trade, while the Dow Jones Industrial Average added 143 points (0.3%). The tech-heavy Nasdaq, which set a record on Thursday, gained 0.4%, AP reported.Shares of Expedia and Gilead Sciences jumped after both companies beat quarterly estimates and raised their outlooks. Treasury yields moved higher as investors parsed corporate results alongside central bank signals.The gains come after a volatile week that included a dip in the Dow and a record-setting rally in tech stocks. The Nasdaq had risen 0.3% on Thursday, while the Dow slipped 0.5%. Intel fell 3.1% after President Trump called for the resignation of its CEO, accusing him of being “highly CONFLICTED.”In contrast, Apple gained 3.2% after CEO Tim Cook appeared with Trump at the White House and announced a $100 billion increase in US manufacturing investment over four years. Semiconductor stocks also rallied on expectations that US-based production will be shielded from the newly imposed 100% tariffs on imported chips. AMD rose 5.7% and Nvidia climbed 0.8%.In Asia, Japan’s Nikkei 225 jumped 1.9% after officials said the US had agreed to fix a tariff discrepancy on Japanese exports. Automakers led the rally, with Toyota up 3.5% and Honda rising 4%. Elsewhere, markets were mostly lower—Hong Kong’s Hang Seng fell 0.9%, South Korea’s Kospi declined 0.6%, and Australia’s ASX 200 slipped 0.3%.European markets were mixed in early trade. Germany’s DAX dipped 0.3%, while France’s CAC 40 rose 0.3% and the UK’s FTSE 100 was nearly flat.In the US, futures pointed to a stable open with the S&P 500 and Dow each up modestly. Analysts said the market remains highly sensitive to macro headlines. “Momentum winds are shapeshifters—what looks like a slam dunk on Monday can turn into a face plant by Friday,” said Stephen Innes of SPI Asset Management.Concerns over US growth were stoked by weak jobs data last week, which raised fears that tariff escalation may be hurting the economy. However, strong earnings and hopes of a Fed rate cut helped offset the gloom. The Bank of England also cut its key interest rate on Thursday to support the UK economy.In energy, US benchmark crude rose 16 cents to $64.04 per barrel, while Brent crude gained 19 cents to $66.61. In currency markets, the dollar climbed to 147.66 yen, and the euro weakened to $1.1639.





Source link

Most Popular Articles