Wall Street Rallies on Tech Earnings Impact

The S&P 500 and Nasdaq began with gains on Thursday as tech earnings were evaluated and trade talks were watched, while IBM, Honeywell, and UnitedHealth's losses impacted the Dow's decline.


Devdiscourse News Desk | Updated: 24-07-2025 19:05 IST | Created: 24-07-2025 19:05 IST
Wall Street Rallies on Tech Earnings Impact
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The S&P 500 and Nasdaq opened with gains on Thursday as investors took stock of tech earnings and trade negotiations. This upbeat movement contrasted with the Dow's downward trend, influenced by losses in IBM, Honeywell, and UnitedHealth shares.

The Dow Jones Industrial Average experienced a decrease of 233.9 points, a 0.52% drop to 44,776.41. In contrast, the S&P 500 managed an uptick, ascending 9.7 points, or 0.15%, reaching 6,368.6.

Meanwhile, the Nasdaq Composite witnessed a 63.8 point increase, marking a 0.30% rise to 21,083.818, reflecting positive investor sentiment amid ongoing earnings assessments.

(With inputs from agencies.)

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