Tech Titans Power Stock Markets Up: Dow Jones DJIA Extends Climb, Nasdaq Leads
U.S. stocks extended their bullish run with Nasdaq up 1.5%, Dow Jones up 0.2% , led by gains in big tech as optimism remained firm across...
Quick overview
- U.S. stocks continued their upward trend, with the Nasdaq rising 1.5% and the Dow Jones up 0.2%, driven by strong performances from major tech companies.
- The Nasdaq Composite surged by 264.40 points, closing at 17,710.74, marking the strongest gain among major indices, fueled by positive earnings from Microsoft and Meta Platforms.
- The S&P 500 achieved its ninth consecutive daily gain, reflecting broad market strength beyond just technology stocks.
- Despite better-than-expected earnings from Amazon and Apple, both stocks experienced declines in after-hours trading, indicating cautious investor sentiment.
Live DOW Chart
U.S. stocks extended their bullish run with Nasdaq up 1.5%, Dow Jones up 0.2% , led by gains in big tech as optimism remained firm across the market.
Wall Street Closes Higher as Nasdaq Outshines
Investor sentiment stayed upbeat for another session on Wall Street, with all major U.S. indices finishing in the green. The Nasdaq Composite took center stage, fueled by strong post-earnings performances from Microsoft and Meta Platforms. The tech-heavy index surged by 264.40 points, or 1.52%, closing at 17,710.74, marking the strongest gain among its peers.
The DOW Jones Industrial Average recorded a modest increase of 83.60 points, or 0.21%, to settle at 40,752.96, as blue-chip stocks saw steady interest. Meanwhile, the S&P 500 posted its ninth consecutive daily gain, climbing another 0.63% to end at 5,604.14—underscoring the market’s broad-based strength beyond just technology.
Nasdaq Chart Daily – Buyers Still Have to Overcome the 200 SMA
Meta and Microsoft Drive Tech Momentum
A key catalyst for today’s market momentum came from robust performances by major tech firms. Meta Platforms soared by $23.20, or 4.20%, closing at $572 after delivering strong earnings and upbeat guidance. Microsoft also impressed investors, jumping $30, or 7.5%, to end the session at $425, on the back of impressive cloud and AI-related results.
The positive tone was further reinforced by an ISM manufacturing report that, while not spectacular, came in better than feared, helping investors overlook ongoing concerns about global tariffs and trade friction.
Closing Snapshot: US Indices End Higher Across the Board
- The Dow Jones Industrial Average advanced by 83.60 points, or +0.21%, to close at 40,752.96 points, showing modest strength in blue-chip names.
- The S&P 500 climbed 35.08 points, or +0.63%, finishing the day at 5,604.14 points, with gains led by tech, financials, and consumer discretionary stocks.
- The NASDAQ Composite outperformed, surging 264.40 points, or +1.52%, to end at 17,710.74 points, reflecting strong momentum in large-cap technology shares and upbeat sentiment post-earnings from mega-cap firms.
- The Russell 2000, which tracks small-cap stocks, gained 11.74 points, or +0.60%, closing at 1,975.86 points, suggesting broader market participation beyond the tech-heavy giants.
All major U.S. equity indices closed in positive territory, with the NASDAQ leading the rally on renewed tech enthusiasm. The S&P and Russell 2000 also posted solid gains, reinforcing improving risk sentiment. Meanwhile, the Dow edged higher as investors continue to rotate selectively into large caps amid lingering macro uncertainty.
After-Hours Caution on Apple and Amazon
Although Amazon and Apple reported better-than-expected earnings after the bell, both stocks faced post-market declines. This suggests some profit-taking or cautious interpretation of forward guidance, particularly as Apple announced a massive $100 billion share buyback but still saw shares slide.
Conclusion:
The U.S. stock market ended the day firmly higher, extending its upward trajectory amid tech-driven enthusiasm. With the S&P now logging its ninth straight gain and the Nasdaq outpacing other benchmarks, the focus turns to how markets digest tech earnings beyond the headlines, especially with mixed after-hours reactions to Apple and Amazon’s results.
Dow Jones Industrial Average Live Chart
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