Dow Closes Up 263 Points on Hopes for Middle East Peace Deal

Earnings

โดย Reuters·

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Summary · why it matters

U.S. stocks closed mixed on Wednesday, with the Dow Jones Industrial Average gaining 263.18 points on signs of progress in peace talks between the U.S. and Iran. The Nasdaq fell 221.55 points, weighed down by SpaceX and AMD after their earnings reports. The Dow closed at 54,349.06, up 0.49%. The S&P 500 ended at 7,723.52, down 0.17%. The Nasdaq finished at 26,363.44, down 0.83%. SpaceX shares tumbled 13.6% after its first earnings report since going public, amid concerns over AI investment and the end of its lock-up period. AMD shares dropped 7% even though its revenue forecast beat expectations. Amgen surged 4.6%, adding more than 100 points to the Dow, after second-quarter sales rose 9%. Disney gained 3.6% after third-quarter profit topped estimates.

Walt Disney Company ▲

Space Exploration Technologies Corp. Class A Common Stock ▼

Advanced Micro Devices Inc ▼

Impact on stocks 4

Biotech & Genomic Medicine▲ · 1 stocks

▲ PositiveDemandrelevance

Amgen surged 4.6% after second-quarter sales rose 9%.

Communication Services▲ · 1 stocks

Walt Disney Company

▲ PositiveCapitalrelevance

Disney gained 3.6% after third-quarter profit topped estimates.

Space Economy▼ · 1 stocks

Space Exploration Technologies Corp. Class A Common Stock

▼ NegativeCapitalrelevance

SpaceX shares tumbled 13.6% after first earnings report, amid AI investment concerns and lock-up expiry.

Artificial Intelligence▼ · 1 stocks

Advanced Micro Devices Inc

▼ NegativeCapitalrelevance

AMD shares dropped 7% despite revenue forecast beat, likely due to earnings reaction.