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Market Overview
On Thursday, the US stock market witnessed a mostly upward trend as investors digested the latest employment data, corporate earnings reports, and the newest executive orders from President Donald Trump. Despite a slight dip in the Dow Jones Industrial Average, the Nasdaq 100 and S&P 500 saw gains, highlighting a mixed but optimistic market sentiment.
Key Performances
The Dow Jones Industrial Average fell by 0.28%, largely due to a significant drop in Honeywell International Inc. shares. Conversely, the Nasdaq 100 enjoyed a 0.54% increase, buoyed by a substantial rise in Palantir Technologies Inc. stocks. The S&P 500 also saw a 0.36% increase, with Tapestry Inc. leading the charge with an impressive 12.02% surge.
Currency Movements
In the currency markets, the euro experienced a slight decline against the dollar, trading at $1.03890 by late afternoon. This movement reflects the ongoing adjustments in the global financial landscape amidst changing economic indicators and policy shifts.
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