US Stock Market Overview

On Thursday, the US stock market mostly closed higher, with investors closely monitoring the latest economic data, including an increase in initial jobless claims and job cuts. The market also reacted to the latest earnings reports from major companies such as Eli Lilly and Co. and Warner Music Group, alongside President Donald Trump's new executive orders and tariff decisions.

Market Performance

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

Currency Movements

In currency news, the euro experienced a slight decline against the dollar, losing 0.15% to trade at $1.03890 by 3:59 pm ET.