US EditionWall Street stocks close higher, Delta forecast boosts sentiment
UNITED STATES, JUL 10 – Delta Air Lines led a 13.2% surge in U.S. airline stocks after exceeding earnings forecasts and raising its summer travel outlook amid tariff-related economic uncertainty.
- On Thursday, July 10, 2025, U.S. stock markets closed higher with S&P 500 and Nasdaq Composite reaching new record highs.
- This rise followed better-than-expected labor data showing initial jobless claims at 227,000, a seven-week low below consensus amidst tariff uncertainty.
- Delta Air Lines led gains after beating earnings forecasts and releasing an optimistic 2025 outlook, boosting the airline sector despite earlier profit guidance pulls.
- Nvidia held its $4 trillion valuation for the second day as major indexes gained, with the S&P up 0.3%, Dow 0.4%, and Nasdaq 0.1% on Thursday.
- However, Citi's Drew Pettit cautioned the economy is not yet structurally ready for a sustained rally and needs ongoing resilience and Fed rate cuts for long-term gains.
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Wall Street is higher and airlines surge on a stronger outlook from Delta
US stocks edge to fresh records despite tariff fog
NEW YORK, United States — US stocks edged higher Thursday, lifting major indices to records. Traders shrugged off worries about US tariffs while strong Delta earnings sent airline shares upward. The Nasdaq Composite Index added 0.1 percent at 20,630.66, notching a second straight record. Meanwhile, the broad-based S&P 500 climbed 0.3 percent to 6,280.46, topping last
Stocks fly higher on Delta, pushing the S&P 500 and Nasdaq to more records
NEW YORK — Wall Street added to its recent milestones July 10 as the market closed at an all-time high after Delta Air Lines reported a solid outlook for the rest of 2025, spurring an airline-fueled stock rally.
Airline Stocks Soar After Positive Report From Delta
Stock indexes closed higher on Wall Street on Thursday, enough to nudge the S&P 500 and the Nasdaq composite to more records. The S&P 500 rose 17.20 points, or 0.3%, to 6,280.46. The Dow Jones Industrial Average rose 192.34 points, or 0.4%, to 44,...
Wall Street rose this Thursday, with the S&P 500 and the Nasdaq marking historic closing peaks, as investors were indifferent to President Donald Trump's latest tariff measures, while being encouraged by an optimistic forecast from Delta Air Lines. According to preliminary data, the S&P 500 won 0.26%, ending at 6,279.70 units; the Nasdaq Composite rose by 0.10%, to 20,631.37; and the Industrial Average Dow Jones added 0.43%, to 44,647.57 integer…
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