US stocks moved higher on Wednesday as investors piled back into semiconductor shares ahead of highly anticipated quarterly results from chip giant Nvidia, while easing Treasury yields and lower oil prices helped stabilize broader market sentiment. The S&P 500 rose about 0.26%, while the Nasdaq Composite gained roughly 0.61% after both indexes suffered three consecutive losing sessions earlier this week.
US stocks have been predicted to start Monday trading in the red, as they ended last week, with investors continuing to worry about rising bond yields, stubborn inflation and the economic fallout from higher oil prices. Dow Jones futures were down around 262 points or 0.4%, while S&P 500 and Nasdaq futures were down around 0.3% as Walkl Street's key equity indexes continued to retreat from record highs seen last week.
US stocks advanced on Thursday, with the Dow Jones Industrial Average reclaiming the 50,000 level and the S&P 500 closing at another record high as investors reacted to strong technology earnings, improving semiconductor sentiment, and developments from the summit between President Donald Trump and Chinese President Xi Jinping in Beijing. The Dow rose about 375 points, or 0.75%, to close near 50,068.
The U.S. stock market is rising toward more records Thursday after Cisco Systems joined the parade of U.S. companies reporting fatter profits for the start of 2026 than analysts expected.
Cisco Systems Inc (NASDAQ:CSCO) stock is 15.2% higher to trade at $117.39 this morning, after the tech behemoth reported upbeat fiscal third-quarter earnings and a better-than-expected current-quarter outlook.
The S&P 500 and Nasdaq Composite closed at fresh record highs on Wednesday as investors continued piling into artificial intelligence-related technology shares, brushing aside another hotter-than-expected inflation report and growing expectations that the Federal Reserve may keep interest rates elevated for longer. The broad-based S&P 500 rose 0.58% to close at 7,444.25, while the Nasdaq Composite gained 1.2% to 26,402.34.
Here is how Dow Inc. (DOW) and CF Industries (CF) have performed compared to their sector so far this year.
"News Corp has again delivered resounding results this quarter, and we remain on track for another year of record profitability given the strength seen thus far in the fourth quarter," said News Corp CEO Robert Thomson.
The media company expects record profitability for its full fiscal year.
The S&P 500, Dow Jones Industrial Average (Dow), and Nasdaq Composite are all stock market indexes used to measure the performance of various aspects of the U.S. stock market.
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The action was stronger in the oil market, where the price for a barrel of Brent crude leaped 5.7% to $114.28.