US EditionS&P 500, Nasdaq hit record highs at open as Meta, Microsoft results fan AI frenzy
UNITED STATES, JUL 31 – Strong quarterly earnings from Meta and Microsoft boosted investor confidence, driving the S&P 500 and Nasdaq to record opening highs amid rising interest in artificial intelligence.
- The S&P 500 and Nasdaq opened at record highs on Thursday, buoyed by strong earnings from Meta and Microsoft signaling their AI investments were paying off.
- The Dow Jones Industrial Average rose 204.5 points or 0.46% to 44,665.82 at the open.
- The S&P 500 gained 64.1 points or 1.01% to 6,427.02, while the Nasdaq rose 327.8 points or 1.55% to 21,457.48 at the bell.
32 Articles
32 Articles
Big Tech rallies keep stocks near record highs
Stocks edged higher in afternoon trading on Wall Street Thursday and are hovering around record highs amid rallies for big technology stocks. The S&P 500 rose 0.2% and is just below the record high it set on Monday. The Dow Jones Industrial Average fell 96 points, or 0.2%, as of 1:38 p.m. ET. The technology-heavy Nasdaq jumped 0.5% and is on track for a record. The technology sector did the heavy lifting for the broader market following results …
The Northern Virginia Daily
Rallies for Microsoft and Meta lift Wall Street amid choppy trading
Big rallies for Microsoft and Facebook's parent company are helping lift stocks on Wall Street amid choppy trading. The S&P 500 rose 0.2% in afternoon trading Thursday. The Dow Jones Industrial Average fell 0.2%. The tech gains pushed the Nasdaq…
Dow Jones Wins Less than 0.1% While S&p 500 Rises 0.8% and Nasdaq 1.3% Powered by Meta and Microsoft
According to the original report, the U.S. stock indexes experienced a remarkable rise this Thursday. The S&P 500 increased by 0.8%, followed by a rise of 1.3% in the Nasdaq Composite. However, the Dow Jones Industrial Average was a little behind, with a growth of less than 0.1%.This momentum in the market was motivated mainly by strong results in the profits of the great technology, Meta and Microsoft.Microsoft and Meta, the stars of the dayThe…
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