Wednesday, 05 November 2025
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S&P 500, Nasdaq 100 Climb to New Highs
Friday, 18 July 2025 01:29 WIB | MARKET UPDATE |S & P 500

US stocks advanced on Thursday, supported by upbeat earnings and solid economic data as markets brushed aside lingering concerns over President Trump's criticism of the Fed and renewed tariff threats.

The S&P 500 and Nasdaq 100 rose 0.5% and 0.8%, respectively both notching new record highs while the Dow Jones gained over 200 points, or 0.5%.

Retail sales rebounded by 0.6% in June, beating expectations, and weekly jobless claims dropped to 221,000, the lowest level in three months, highlighting consumer resilience. United Airlines and PepsiCo led earnings-driven gains, with shares jumping 6% and nearly 7%, respectively.

TSMC surged 3.9% on record profits, lifting chipmakers including Nvidia (+1.1%) and Marvell (+2.1%). Investors are now eyeing Netflix's quarterly results due after the close.

Source: Trading Economi

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