Lates News

The S&P 500 index closed up about 1.8% on a preliminary basis, with the consumer discretionary, technology, and telecommunications sectors rising by over 2%. The energy sector was the worst performer, rising only 0.7%. The Nasdaq 100 index closed up 2.2%, with component stocks AppLovin up about 7%, Tesla up about 6.6%, Warner Brothers Exploration and Mayville Technology up over 5.6%, and Pinduoduo ADR performing the worst. The Philadelphia Semiconductor Index rose about 3%, the banking index rose 2.1%, small-cap stocks rose 2.3%, the US technology stock giants index rose 2.8%, and the "Trump Tariff Losers Index" rose 3.3%.