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Dow Set to Snap 4-Week Winning Run. S&P 500, Nasdaq Head for Gains.
Barrons.com36d agoneutral
Dow Set to Snap 4-Week Winning Run. S&P 500, Nasdaq Head for Gains.

Heading into Friday trading the blue-chip Dow Jones Industrial Average index is down 412.66 points, or 0.78%, this week to 52487.41. If it continues to progress, that would mark two consecutive weeks of gains and the largest two-week points and percentage gain since the week ending May 8, 2026. Like the S&P 500, it can also bank two consecutive weeks of gains, which would represent the largest two-week points and percentage gain since the week ending May 15, 2026.

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US stocks end higher; chip surge offsets Iran worries
Reuters Videos36d agobullishVIDEO
US stocks end higher; chip surge offsets Iran worries

<body><p>STORY: U.S. stocks closed higher on Thursday, with the Dow adding more than a quarter of a percent, the S&P 500 climbing more than eight-tenths of a percent and the tech-heavy Nasdaq gaining 1.3%</p><p>:: Micron Technology</p><p>Chip stocks rallied, sparked by a 4.5% jump in shares of Micron Technology. The memory chip maker laid out plans to invest more than $250 billion in domestic chip manufacturing through 2035 to boost supply amid the AI boom.</p><p>Micron's peers also joined the rally, with Applied Materials climbing more than 3% and SanDisk surging over 7.5%.</p><p>AI-related stocks have been volatile lately as investors worried about the sustainability of a rally that has helped Wall Street reach record levels in 2026.</p><p>Gina Martin Adams is chief market strategist at HB Wealth.</p><p>"Tech has obviously been in the limelight of equity markets for a while, but that worked against stocks in the month of June. We'll see if the month of July brings something different. Obviously, the sector is dealing with a lot of issues, including the upcoming earnings season, where expectations are pretty high, as well as a tremendous amount of new shares coming to the market. First with SpaceX and now with SK Hynix out of South Korea."</p><p>Shares of Meta Platforms rose more than 4.5% after Reuters reported that the company plans to manufacture AI chips starting in September.</p><p>:: PepsiCo</p><p>Elsewhere in the market, shares of PepsiCo fell more than 3% despite the company beating second-quarter revenue estimates. PepsiCo warned of higher commodity costs in the second half of the year at a time when the snack and beverage giant is increasing investments and lowering prices to attract value-conscious consumers.</p><p>And shares of Costco sank more than 4% to a six-month low after the retailer reported decelerating comparable sales for June.</p></body>

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Pepsi Fizzles, Stocks Bubble On
The Wall Street Journal36d agoneutral
Pepsi Fizzles, Stocks Bubble On

President Trump said on Thursday that Iran has called him seeking a deal, though Iran hasn’t confirmed this. The S&P 500 index rebounded by 0.8%, and the Nasdaq Composite index gained 1.3%. The beverage and snack giant reported a rise in sales volume for its North America unit, but a decline in revenue.

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U.S. Stocks Rise As War Jitters Ease
The Wall Street Journal36d agoneutral
U.S. Stocks Rise As War Jitters Ease

FINANCE U.S. stocks rose as fears about a return to full-blown war in Iran subsided, bringing down oil prices and quelling inflation expectations. The Dow Jones Industrial Average rose 139.02, or 0.27%, to 52487.

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Associated Press36d agoneutral
How major US stock indexes fared Thursday 7/9/2026

Stocks rose, and oil prices eased as financial markets calmed a day after President Donald Trump raised doubts about the temporary truce in the war with Iran. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite rose 1.3%. The Nasdaq composite rose 336.24 points, or 1.3%, to 26,206.89.

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