Nasdaq, S&P 500 and Dow
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Dow's 17% plunge and 50% dividend cut reflect deep cyclical challenges, weak margins, and heavy debt. Click here to find out why DOW is a Hold.
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Investor's Business Daily on MSNStock Market Today: Dow, S&P Climb On Trump-China Deal Hopes; Cathie Wood Loads Up On Tesla Stock (Live Coverage)The Dow Jones index rose after surprise economic data. Tesla stock rallied on new plans to launch its robotaxi service.
Markets diverged sharply on Friday as U.S. indices edged higher while India’s stock market saw a steep selloff. Dow futures rose modestly after President Trump played down tensions with Fed Chair Jerome Powell,
The S&P 500 and Nasdaq are also pointing up in premarket trading. Treasury yields are rising and Bitcoin is falling.
U.S. stocks rose to more records as they capped another winning week. The S&P 500 climbed 0.4% to set an all-time high for the fifth time this week. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite added 0.
The S&P 500 and Nasdaq traded near all-time highs at midday as a strong earnings report from Alphabet lifted big tech stocks.
Las Vegas Sands earned an adjusted 79 cents a share in the second quarter, beating analysts’ estimates of 53 cents. Revenue of $3.18 billion topped consensus of $2.84 billion. Shares of the casino and resort operator were up 4.3%.
Trump’s tariffs and recent trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Edwards Lifesciences rose 5.5% after likewise topping Wall Street’s expectations for profit in the latest quarter. It said it saw strength across all its product groups, and it expects profit for the full year to come in at the high end of the forecasted range it had given earlier.
NASDAQ climbed above the resistance at 23,150 – 23,200 and is heading towards the 23,500 level. A move above 23,500 will push NASDAQ towards the 24,000 level. Dow Jones gained ground amid strong demand for industrials and financial stocks. The index received support at 44,600 – 44,700 and is trying to settle above the 44,900 level.