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U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining around 1% on Thursday.
The Dow traded up 0.03% to 40,853.73 while the NASDAQ rose 0.96% to 17,768.43. The S&P 500 also rose, gaining, 0.62% to 5,556.62.
Leading and Lagging Sectors
Communication services shares jumped by 3.4% on Thursday.
In trading on Thursday, energy shares fell by 0.8%.
Top Headline
Meta Platforms, Inc. (NASDAQ:META) reported better-than-expected second-quarter financial results and issued strong third-quarter guidance.
Meta reported second-quarter revenue of $39.07 billion, beating analyst estimates of $38.31 billion. The company reported second-quarter adjusted earnings of $5.16 per share, beating analyst estimates of $4.73 per share.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded up 0.6% to $78.37 while gold traded up 1% at $2,497.80.
Silver traded up 0.7% to $29.125 on Thursday, while copper fell 0.5% to $4.1545.
Euro zone
European shares were mostly lower today. The eurozone's STOXX 600 fell 0.2%, Germany's DAX fell 1.1% and France's CAC 40 fell 1.3%. Spain's IBEX 35 Index fell 0.7%, while London's FTSE 100 rose 0.2%.
Asia Pacific Markets
Asian markets closed mixed on Thursday, with Japan's Nikkei 225 dipping 2.49%, Hong Kong's Hang Seng Index falling 0.23% and S&P BSE Sensex gaining 0.15%.
Economics
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