U.S. equities ended the day higher across the board, supported by upbeat tech momentum and optimism around earnings and trade developments.
-
Dow Jones Industrial Average rose 117 points to 42,215.73 (+0.28%)
-
S&P 500 gained 23.62 points to 5,912.17 (+0.40%)
-
Nasdaq Composite climbed 74.93 points to 19,175.87 (+0.39%)
Key Movers & Stories
-
Nvidia (NVDA) surged +3.24% to $139.18, continuing its post-earnings rally after yesterday’s blowout results. The chip giant reported a 69% jump in quarterly sales, driven by AI demand.
-
Salesforce (CRM) tumbled -3.30% to $266.92 after issuing cautious guidance, which overshadowed otherwise solid earnings.
-
Costco (COST) slipped -0.43% to $1,008.74 ahead of earnings. Analysts expect EPS of $4.24, up 12.2% YoY, and revenue of $63.13B (+7.9% YoY).
-
Dell Technologies (DELL) edged down -0.18% to $113.57 ahead of its report. Street is watching for EPS of $1.70 (+33.9% YoY) and revenue of $23.18B (+4.2% YoY).
-
Meta (META) rose +0.23%, while Microsoft (MSFT) added +0.29%, helping lift the broader tech sector.
-
Amazon (AMZN) gained +0.48%, continuing a rebound on retail and cloud momentum.
This article was written by Greg Michalowski at www.forexlive.com.