Wednesday, July 8, 2026

Dow Jones surges 180 points, Nasdaq Composite up 1.85% on strong tech earnings

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US stocks bounced back from steep early losses to end mixed, continuing their wild swings amid uncertainty about what President Donald Trump’s trade war will do to the economy.
The S&P 500 rose 0.1% Wednesday (April 30), extending its winning streak to a seventh day. The Dow Jones Industrial Average rose 0.3%, and the Nasdaq composite slipped 0.1%.
Indexes started the day lower after a report suggested the US economy may have shrunk at the start of the year, before most of Trump’s announced tariffs could take effect. The S&P 500 had been down as much as 2.3%.

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