US stocks finished sharply higher, with all of the major indices posting gains of at least 1.7% as risk appetite remained firmly in control.
The rally was led by technology shares, pushing the Nasdaq indices to the top of the leaderboard, while the S&P 500 and Dow Industrials both closed at fresh record highs
Broad participation was also evident with the small-cap Russell 2000 posting a solid advance. Nasdaq 100: 29,733.16, +956.36 points (+3.32%) Nasdaq Composite: 26,584.99, +671.10 points (+2.59%) Russell 2000: 3,036.98, +55.07 points (+1.85%) Dow Jones Industrial Average: 54,091.42, +908.11 points (+1.71%) S&P 500: 7,736.53, +136.04 points (+1.79%)(new record close) Below is a list of some of the big winners with gains of 5% Palantir (PLTR): +29.45% Arm (ARM): +17.39% Whirlpool (WHR): +13.80% Marvell (MRVL): +12.81% Albemarle (ALB): +12.65% Coherent (COHR): +12.35% SanDisk (SNDK): +10.97% Intel (INTC): +10.84% Super Micro Computer (SMCI): +10.61% SpaceX: +9.43% Corning (GLW): +9.06% Credo Technology (CRDO): +8.96% Dell Technologies (DELL): +8.92% Lumentum (LITE): +8.92% Defiance Drone & Modern Warfare ETF (JEDI): +8.64% Skyworks Solutions (SWKS): +8.17% Lam Research (LRCX): +7.85% Micron (MU): +7.59% Qualcomm (QCOM): +7.33% CrowdStrike (CRWD): +7.16% AMD (AMD): +7.00% KLA (KLAC): +6.95% Broadcom (AVGO): +6.61% Nebius (NBIS): +6.19% Caterpillar (CAT): +5.57% VanEck Semiconductor ETF (SMH): +5.55% Palo Alto Networks (PANW): +5.53% Applied Materials (AMAT): +5.48% Texas Instruments (TXN): +5.43% Shopify (SHOP): +5.38% Datadog (DDOG): +5.35% Ciena (CIEN): +5.21% Cisco (CSCO): +5.08% On that list is AMD and SpaceX. Both are trading lower in after hours trading after reporting earnings.
AMD reported a revenue and EPS beat with EPS coming in at $1.66 versus $1.62 on revenues of $11.5 million versus $11.31 billion expected. It wasn’t good enough and the stock is trading down around 5.3% in after-hours trading. Palantir led the gains after earnings and forward guidance