Thursday, October 29, 2026

S&P 500, Nasdaq ease after scaling fresh record highs

Date:

US Stock Market Live Updates: Wall Street opened Thursday on a steady note, extending momentum from the previous session’s record-setting run. The Dow Jones Industrial Average rose about 0.3% at the open, adding over 130 points, while the S&P 500 and the Nasdaq Composite gained around 0.2% each, with both indices touching fresh intraday highs.US Stock Market Live Updates: Wall Street opened Thursday on a steady note, extending momentum from the previous session’s record-setting run.The Dow Jones Industrial Average rose about 0.3% at the open, adding over 130 points, while the S&P 500 and the Nasdaq Composite gained around 0.2% each, with both indices touching fresh intraday highs.The positive start follows a milestone session on Wednesday, when the S&P 500 crossed the 7,000 mark for the first time, keeping sentiment supported at the open.Investor focus remains on geopolitical developments, particularly around the US-Iran conflict. Reports suggest both sides are in indirect talks to extend the current ceasefire beyond April 22, keeping hopes of de-escalation alive.Economic data offered some support. Initial jobless claims fell to 207,000 for the week ended April 11, below expectations, pointing to a stable labour market with low layoffs and steady hiring trends.

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