Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared. Futures for the S&P 500 lost 0.1% before the opening bell, while futures for the Dow Jones Industrial Average ticked up 0.
The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, while the Nasdaq Composite ( ^IXIC) recovered from earlier session losses to finish the day up about 0.2%.
Dow Jones futures rose Thursday after higher-than-expected initial unemployment claims. Nvidia stock sold off, while Tesla reversed higher.
Stocks took a step up after Trump said in a virtual address to the World Economic Forum that he would “demand that interest rates drop immediately.”
U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 250 points on Thursday. The Dow traded up 0.58% to 44,412.35 while the NASDAQ fell 0.30% to 19,949.51. The S&P 500 also rose, gaining, 0.09% to 6,091.83.
Wall Street traded slightly higher during midday Thursday as investors assessed the ongoing earnings season while closely monitoring policy signals from President Donald Trump.
The S&P 500 climbed to a fresh record on Thursday, driven by President Donald Trump’s calls for immediate interest rate cuts and cheaper oil prices.
Elevance Health led the insurance sector higher after it beat Wall Street’s sales and profit targets and raised its dividend. Elevance rose 5.5% before the bell, followed by Cigna, which rose 3.8% and UnitedHealth Group which gained 1.6%. CVS Health inched up 1.3%.
Alaska Air Group ( ALK) shares climbed when the airline also topped profit and sales forecasts after it completed its acquisition of Hawaiian Airlines. While Alaska Air advanced, shares of American Airlines ( AAL) plunged as the carrier predicted its first-quarter loss would be more than expected and warned of higher costs.
US stocks showed mixed signals in premarket trading on Thursday. Futures for the S&P 500 lost 0.1% before the opening bell, while futures for the Dow Jones Industrial Average rose 0.1%. Shares of major US airlines fell after American Airlines posted strong profits but anticipated a loss in the first quarter.
The Dow Jones fell Friday after inflation data. Amazon, Broadcom, Meta and Netflix are among the best stocks to buy and watch.
US stocks ended higher on Thursday buoyed by US President Donald Trump calls for lower interest rates and reduced oil prices The Dow Jones Indus