S&P 500 Rises 51.23 Points
The S&P 500 index increased by 51.23 points, representing a 0.66% gain.
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The S&P 500 index increased by 51.23 points, representing a 0.66% gain.
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling over 200 points on Wednesday. The Dow traded down 0.42% to 51,135.81 while the NASDAQ rose 0.86% to 27,028.35. The S&P 500 also rose, gaining, 0.32% to 7,695.23. Leading and Lagging Sectors Information technology shares jumped by 1.2%
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.
Netskope reported Q2 fiscal 2027 revenue of $221 million, up 29% year over year and ahead of guidance, with ARR at $899 million, up 27% year over year.
DPC Dash said first-half revenue rose 20.8% to 3.13 billion yuan, helped by rapid store expansion, stronger transaction volumes and improved group-level efficiency.
Dell Technologies shares are rising ahead of its Sept. 1 second-quarter earnings report, with analysts looking for EPS of $4.91 and revenue of about $44.90 billion.
The US S&P Global composite PMI climbed to 56 in August from 54.5 in the previous month, marking the strongest growth since April 2022.
The July consumer price index rose 0.1% month-over-month and 3.4% year-over-year
U.S. stocks rose at midday Friday in a broad-based rally, with the Dow up around 0.5% and the S&P 500 gaining 0.4%, as a roughly 4% slide in oil prices cooled the inflation and rate-hike anxieties that had gripped markets all week. The Wall Street Journal reported that Bahrain and Kuwait warplanes had struck sites insi