Stock Market Today: Dow Rises
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Dow Jones Futures Fall On Microsoft, Meta, Google Earnings; Will Trump, Xi Seal Trade Deal Tonight?
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. MicrosoftMSFT, Meta PlatformsMETA and Google parent AlphabetGOOGL reported late Wednesday. A Trump-Xi meeting looms overnight with investors betting on a trade deal or truce.
The Dow Jones Industrial Average (DJI) is up triple digits, with help from a batch of strong earnings reports, while the Nasdaq Composite (IXIC) enjoys a modest gain and the S&P 500 Index (SPX) inches higher.
The blue-chip Dow Jones Industrial Average was having a strong day compared with its peers. While the Nasdaq Composite was down about 0.2% and the S&P 500 was flat, the Dow was up 0.6%. Shares of Salesforce,
Minutes into the trade, the Dow Jones Industrial Average gained around 0.25%, whereas the S&P 500 jumped 0.22%, and tech-heavy Nasdaq Composite was up 0.62%.
On Friday, October 24, US stocks reached new record highs as investor sentiment was positive because inflation data showed prices rising a little slower than expected.
The S&P 500 and Nasdaq Composite closed higher on Thursday as EV maker Tesla had its best day in a decade, while the Dow Jones Industrial Average extended its losing streak to four days.
The Dow Jones Industrial Average (DJIA) climbed into a fresh record high in early Monday trading, poking through 47,500 for the first time ever as investors continue to recover their sentiment footing.