Shares of industrial and transportation companies rose after strong earnings. GE Aerospace soared after the maker of plane engines, formerly known as General Electric, posted fourth-quarter earnings ahead of Wall Street targets and boosted its dividend.
Shares of GE Aerospace GE slid 0.07% to $171.57 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.16% to 5,836.22 and the Dow Jones Industrial Average DJIA rising 0.
Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
Dow jumps as S&P 500 hits a record high. Trump pushes for rate cuts and cheaper oil, while rising jobless claims hint at economic softening.
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The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
The Dow Jones rose Thursday after higher-than-expected initial unemployment claims. Nvidia stock sold off, while Tesla reversed higher.
The Dow Jones Industrial Average jumped on Thursday while the Nasdaq Composite is lagging. Nvidia supplier SK Hynix warned about demand uncertainty ahead, weighing on the broader chip space. Trending tickers on Yahoo Finance include Electronic Arts,
GE Aerospace has emerged from the former GE conglomerate as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights.
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 rose 0.5% Thursday amid relatively quiet trading and surpassed the record it set early last month.
Wall Street stocks finished higher Thursday, shrugging off early weakness as investors digested President Donald Trump's remarks to the World Economic Forum in Davos.