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Stock market today: Dow, S&P 500, Nasdaq rise as oil jumps, earnings roll in after Tesla disappoints
Investors are weighing lackluster earnings from Tesla and rising oil prices after President Trump hit Russia with sanctions.
Shares of Dow Inc. jumped 12.95% to $24.51 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.58% to 6,738.44 and the Dow Jones Industrial Average rising 0.
Dow hits record high as U.S. stocks soar. Investors cheered a lighter-than-expected inflation report. The Dow Jones climbed 400 points. The S&P 500 and Nasdaq also posted strong gains. Technology and semiconductor stocks led the rally.
Investor's Business Daily on MSN
Stock Market Today: Dow Soars To A New High On CPI Data; This Solar Name Shines After Earnings (Live Coverage)
Also, IBD MarketSurge Growth 250 name Newmont NEM trimmed larger morning losses to roughly 4% despite the gold miner's third-quarter earnings and sales that beat views. Its profit grew 111% to $1.71 per share on sales that grew 20% to $5.524 billion.
Equities fell on Wednesday as the first of the Magnificent Seven stocks — Tesla — prepares to deliver earnings results after the market's close.
Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.
Investor's Business Daily on MSN
Stock Market Today: Dow Tops 47,000 While Gold Stocks Dive; Cathie Wood Exits Nuclear Play (Live Coverage)
3M stock moved up nearly 3% early, while Coca-Cola shares also jumped close to 3%. GE shares climbed 2%, as Halliburton stock rose 4%. Lockheed shares gained 1%, but Northrop stock dropped nearly 2%. Finally, Pulte shares sold off 2.5% in premarket trading.
Shares of Constellation Energy Corp. rose 6.39% to $389.19 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.79% to 6,791.