US stocks advanced on Thursday, with the S&P 500 and Dow Jones each up 0.2%, while the Nasdaq Composite gained 0.6%. The move followed a volatile session the day before, as investors focused on corporate earnings and the AI rally regained momentum after Taiwan Semiconductor Manufacturing raised its revenue-growth target.
Communication services, technology, and utilities led the gains, while financials underperformed. Among major movers, Nvidia rose 1.4%, Alphabet added 1.5%, Broadcom gained 1.7%, and Micron Technology advanced 2.3%. Charles Schwab was up 0.5% after an earnings beat and Salesforce jumped over 6% after issuing improved guidance.
On the downside, Bank of New York Mellon slipped 0.4% despite reporting stronger quarterly profit, while United Airlines fell 1.6% following a revenue miss. Meanwhile, investors continued to look past rising US–China trade tensions and the ongoing federal government shutdown, which has delayed the release of key economic data.
Source : Trading Economics
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