US Stock Market Highlights: The S&P 500 and Nasdaq Composite ended at record highs on Thursday (July 24), supported by stronger-than-expected earnings from Alphabet. The S&P 500 edged up 0.07% to close at 6,363.35, while the Nasdaq gained 0.18% to finish at 21,057.96.
US Stock Market Highlights: The S&P 500 and Nasdaq Composite ended at record highs on Thursday (July 24), supported by stronger-than-expected earnings from Alphabet. The S&P 500 edged up 0.07% to close at 6,363.35, while the Nasdaq gained 0.18% to finish at 21,057.96. Earlier in the session, both indices had touched fresh intraday all-time highs, driven by a 1% rise in Alphabet shares following its upbeat Q2 results. The Dow Jones Industrial Average, however, dropped 316.38 points, or 0.70%, to settle at 44,693.91, weighed down by a more than 7% slide in IBM shares after the company reported disappointing second-quarter software revenue. Major averages trimmed their gains toward the close.Watch this space for all the Live updates.