U.S. stocks are experiencing an upward trend on Thursday, largely driven by significant gains from Meta Platforms. This follows a series of profit announcements from major companies, which have positively influenced market sentiment.
The S&P 500 index has seen a 0.1% increase during midday trading, with four out of five stocks in the index moving higher. Similarly, the Dow Jones Industrial Average has gained 57 points, reflecting a 0.1% rise. However, the overall market performance is being moderated by declines in shares of Nvidia and Microsoft.
- The Nasdaq composite is currently down by 0.3%.
- Investors are closely monitoring these developments.
- They are evaluating the implications of the latest earnings reports from key firms nationwide.
📎 Related coverage from: apnews.com
