Dow, NASDAQ and S&P 500
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Wall Street looked to keep momentum from a tech-fueled rally that saw Nvidia leap to become the world's first $4 trillion public company.
The Nasdaq Composite and S&P 500 each established record highs, while the Dow made significant gains on Thursday following the potential 50% tariffs on copper and Brazilian imports.
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Investor's Business Daily on MSNDow Jones Futures: S&P 500, Nasdaq Hit Highs; CoreWeave Sell-Off Leads Growth LosersThe S&P 500 and Nasdaq rose to highs even as Nvidia-backed CoreWeave dived, leading another tough day for growth stocks.
The S&P 500 and the Nasdaq nudged lower on Thursday, as investors monitored developments around U.S. President Donald Trump's trade policies, while airline stocks jumped following Delta's upbeat forecast.
The S&P 500 has climbed into the green as U.S. stocks pushed toward session highs on Thursday. It remained within 10 points of its latest record closing high, from July 3, in recent trade. The S&P 500 was up 9 points,
The strong jobs report also spurred a spike in Treasury yields and reduced expectations for the Federal Reserve to cut interest rates soon.
The S&P 500 has outpaced the Dow Jones Industrial Average despite President Trump's rejection of exceptions to the Aug. 1 date he set to launch his latest tariffs. Meanwhile, the Nasdaq has had a day in the green.
Dow Jones Industrial Average finishes 0.4 per cent down, following a rollercoaster session at 44,240.76. Read more at straitstimes.com. Read more at straitstimes.com.