US Stock Market today: S&P 500, Nasdaq, Dow Jones to open with gains today as Apple, Nvidia stocks to soar
Remove Ads
Tired of too many ads?
Remove Ads
FAQs
Wall Street was poised to open with gains on Thursday as U.S. stock index futures rose signaling fresh momentum for Wall Street, on signs that major tech firms may sidestep President Donald Trump's latest chip import tariffs. Futures for the S&P 500 rose 0.6 per cent, while futures for Dow Jones Industrial Average added 0.5 per cent. Nasdaq futures were up 0.7 per cent. Apple's shares climbed 2.9 per cent in premarket trading, having risen 5.1 per cent and led gains on Wall Street in the prior session, after Trump said the iPhone maker will invest an additional $100 billion in the U.S., bringing its total commitment to $600 billion over the next four years. Shares of chipmakers including Nvidia, Advanced Micro Devices rose in the range of 0.9 per cent to 2.2 per cent.DoorDash climbed 9 per cent overnight after the food delivery app easily beat Wall Street's profit expectations as its second-quarter revenue rose 25 per cent. The company issued strong third-quarter earnings guidance and noted that it has not spent any of the $5 billion its board authorized for stock buybacks in February. DoorDash shares are up 66 per cent so far this year.Drugmaker Eli Lilly tumbled 7 per cent in premarket despite strong earnings from the drugmaker. The drag on its stock was related to the company's latest update on the results from a late-stage study of orforglipron, its potential pill version of the popular weight-loss drug Zepbound.Researchers found that people taking the pill daily at the highest dose lost about 27 pounds on average, however, more than 10 per cent of those patients stopped taking the drug due to side effects.Airbnb shares fell 6 per cent after it beat analysts' third-quarter sales and profit expectations but issued tepid guidance for the remainder of 2025. The company said it expects profit margins in the second half of the year to take a hit as it invests in growth and policy initiatives.Duolingo, the language-learning app, soared 25 per cent in off-hours trading after it crushed Wall Street's profit expectations. The company said its subscription revenue grew 46 per cent over the same period last year.Coming later Thursday is the government latest data on weekly jobless benefit applications, which serves as a stand-in for layoffs. It's the first government labor market data release since a grim July jobs report sent markets spiraling on Friday.A1. Top indexes of the US Stock Market are S&P 500, Nasdaq, Dow Jones.A2. Futures for the S&P 500 rose 0.6 per cent, while futures for Dow Jones Industrial Average added 0.5 per cent. Nasdaq futures were up 0.7 per cent.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
26 minutes ago
- India.com
After American FTA Setback, Indian To Sign FTA With This Middle Eastern Country
New Delhi: India and Oman are likely to sign their proposed free trade agreement (FTA) — officially called the Comprehensive Economic Partnership Agreement (CEPA) — in less than three months, a government official told Moneycontrol on August 9. 'Negotiations are complete. The delay is only because the agreement's text had to be translated into Arabic. Right now, the translated version is going through legal checks. Once that is done, the cabinets of both countries will approve it,' the official said. In a change from the India-UK trade talks, where negotiations and signing were announced separately, India and Oman plan to announce the completion of talks and the signing of the deal together. The official added that it will likely take much less than two to three months. Talks for the pact began in November 2023. Under the deal, the two sides will reduce or remove customs duties on most goods and make it easier to trade in services and encourage investments. Oman is India's third-largest export market in the Gulf Cooperation Council (GCC) region. India already has a similar pact with another GCC country, the UAE, which started in May 2022. In 2024–25, India-Oman trade was worth around USD 10 billion — with Indian exports at USD 4.06 billion and imports at USD 6.55 billion. Most of India's imports from Oman are petroleum products and urea (over 70 percent of imports), along with polymers, pet coke, gypsum, chemicals, and metals. The official also said that India is looking for more markets in West Asia and Europe for its labour-intensive products, to offset the impact of steep US tariff hikes announced by then-President Donald Trump. These tariffs — coming into force on August 7 and August 27 — are expected to affect USD 50–55 billion worth of Indian exports, especially textiles, shrimps, chemicals, carpets, and gems & jewellery. India is also open to signing separate FTAs with other GCC members, and talks with the European Union are progressing well, with the next discussion round scheduled for September.
Time of India
26 minutes ago
- Time of India
Bain Capital-backed Heartflow valued at $2.27 billion in solid Nasdaq debut
Academy Empower your mind, elevate your skills Medtech firm Heartflow was valued at $2.27 billion on Friday, with its shares surging 47.4% in the Nasdaq debut , as the IPO market gathers momentum and outrides tariff shares opened at $28 and went as high as $31.5, signaling robust investor appetite for companies leveraging artificial intelligence for sold about 16.67 million shares at $19 each in its IPO on Thursday, raising $316.7 Bain Capital-backed company's debut comes as expectations of a softer trade policy and lower interest rates boost investor sentiment , which had nosedived after U.S. tariffs in April stoked recession market sentiment reflects "nervous excitement", said Matt Kennedy, senior strategist at IPO-focused research and ETFs provider Renaissance Capital."We saw a spike in volatility last week, but at the same time stocks (are) flying up on AI-driven earnings blowouts."Space tech startup Firefly Aerospace and design software firm Figma saw stellar first-day reactions in recent days, strengthening prospects for tech-focused companies to go first-day pop could help boost market perception for other medtechs, which often rely on vast research and development expenditure, with clinical testing further pressuring the bottom Bionics and Kestra Medical had solid debuts earlier this year, but are now trading below their IPO price, like most medtech IPOs of the past year."If investors keep losing, they just won't show up and companies will struggle to raise IPO funding," Kennedy added, referring to underwhelming post-listing performance from several medtech IPOs in the past in 2007, Heartflow helps physicians diagnose and treat heart AI-enabled products can create a personalized 3D model of a patient's heart via a single specialized company's revenue rose 39% in the quarter ended March 31 from a year ago. Its losses, however, widened 55% to $32.35 million during the same period.
News18
36 minutes ago
- News18
'Effect Of Trump's Tariffs': Instagram User Exposes Clothing Price Hikes At Walmart
Last Updated: In the video, Chandler walks through Walmart, pointing to clothing tags that appear to have their original prices removed or covered up An Instagram user has shared a video from inside a Walmart store in the US, claiming that President Donald Trump's tariffs, which came into effect on 1 August, are directly causing noticeable price increases on clothing and other everyday items. The user, Mercedes Chandler, who has over 527,000 followers, posted the video on 1 August, and it has since gone viral on the platform. In the clip, captioned 'Donald Trump's tariffs are in full swing!", Chandler walks through Walmart, pointing to clothing tags that appear to have their original prices removed or covered up. 'Guys, the tariffs are in active effect," Chandler says. 'Look at these clothes in Walmart. All the tags have these bottom pieces ripped off, but then you find one with the bottom still on — $10.98. The price is raised to $11.98." 'This is the effect of Donald Trump's tariffs." Chandler continues, showing a child's outfit marked up from $6.98 to $10.98, and a backpack that previously sold for $19.97, now priced at $24.97. 'That is a $4 increase," Chandler points out, adding that many price tags have been replaced with stickers to hide the original price. 'If you don't believe me, go to your local — whether it be Walmart or Target — and check this out for yourself," Chandler says in the video. The post has triggered a wave of reactions on the platform. One user commented: 'Well MAGA… are you winning yet?" Another added sarcastically, 'Wasn't China supposed to pay those tariffs?" A Target employee also chimed in, 'We also are taking the perforated price tags off the clothing starting a few days ago." 'I am not getting they are imposing high tarrif on china and india but their price increased. Can some one explain me?," another confused user asked. What Are Trump's Tariffs? As part of his current economic policy, President Donald Trump has reintroduced or expanded tariffs on a wide range of imports. The goal, according to Trump, is to protect American jobs, boost domestic manufacturing, and reduce the US trade deficit. Trump argued that these tariffs make foreign goods more expensive, encouraging Americans to buy locally made products. However, in practice, many retailers — including giants like Walmart and Target — pass the extra costs on to consumers, resulting in higher prices on store shelves. Economists have long debated the effectiveness of tariffs. While the Trump administration claims they protect national interests and promote growth, critics argue they lead to inflation, supply chain disruption, and higher costs for American families. News18's viral page features trending stories, videos, and memes, covering quirky incidents, social media buzz from india and around the world, Also Download the News18 App to stay updated! view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
