Economic Indicators and Corporate Earnings in Focus

On Thursday, the US stock market showed a predominantly upward trend as investors digested a mix of economic data, including the latest figures on initial jobless claims and job cuts. The market also reacted to the newest earnings reports from major corporations such as Eli Lilly and Co. and Warner Music Group, alongside President Donald Trump's recent executive orders and tariff decisions.

Market Movements

The Dow Jones Industrial Average experienced a slight decline, dropping by 0.28% or 125 points, largely due to a significant 5.64% fall in Honeywell International Inc. shares. Conversely, the Nasdaq 100 saw a gain of 0.54% or 115 points, buoyed by a 9.79% surge in Palantir Technologies Inc. The S&P 500 also rose by 0.36%, with Tapestry Inc. leading the charge with an impressive 12.02% increase.

Currency Exchange

In currency markets, the euro weakened against the dollar, losing 0.15% to trade at $1.03890 by 3:59 pm ET.