U.S. stocks drifted around their records in a mixed day of trading. The S&P 500 added 0.1% Wednesday and neared its all-time high set a couple weeks ago. The Dow Jones Industrial Average climbed 0.7%, to set a record for the second straight day, while the Nasdaq composite slipped 0.3%. Advanced Micro Devices was the strongest force pushing upward on the market after forecasting strong growth in upcoming years thanks to AI. AI stocks have been shaky recently, as investors question whether they can add much more to their already spectacular gains. Treasury yields eased as bond trading resumed after a holiday.
Most U.S. stocks rose and carried the market back to where it was before last week’s swoon. The S&P 500 added 0.2% Tuesday after erasing a loss taken during the morning. It’s been bouncing around lately, coming off Monday’s vigorous rebound following its first losing week in four. The Dow Jones Industrial Average rallied 1.2% to a record, surpassing its prior all-time high set two weeks ago. The Nasdaq composite lagged the market, though, as Nvidia got back to falling amid continued concerns that stocks caught up in the artificial-intelligence frenzy may have become too expensive. The Nasdaq dipped 0.3%.
Big Tech and other superstars of the U.S. stock market rallied, and Wall Street recovered most of its loss from last week. The S&P 500 climbed 1.5% Monday and clawed back nearly all its drop from last week, which was its first weekly loss in four. The Dow Jones Industrial Average rose 381 points, and the Nasdaq composite jumped 2.3% for its best day since May. Nvidia was by far the strongest force lifting the market. It was a powerful rebound after Nvidia and other winners of the frenzy around artificial-intelligence technology led last week’s drop. The U.S. market's rally followed gains for stock indexes around the world.
Stock indexes wound up mixed on Wall Street but still clocked their first weekly loss in the last four. The S&P 500 edged up 0.1% Friday after spending most of the day in the red. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite slipped 0.2%. Quarterly reports from U.S. companies were a key focus. Payments company Block, which operates the Square and Cash App businesses, sank after turning in results that fell short of forecasts. Exercise equipment maker Peloton jumped after its results beat estimates. Treasury yields held steady in the bond market.
Wall Street lost ground as influential technology stocks fell and once again steered the broader market. The S&P 500 fell 1.1% Thursday. The Dow Jones Industrial Average fell 0.8%, and the Nasdaq composite lost 1.9%. DoorDash sank after warning investors that it will be spending much more on product development next year. CarMax lost almost a quarter of its value after forecasting earnings far below what analysts were expecting and announcing that its CEO is leaving. European markets fell after a divided Bank of England kept its main interest rate unchanged. Asian markets closed higher. Treasury yields fell.
Stocks gained ground on Wall Street following several upbeat economic updates and a steady flow of quarterly reports from U.S. companies. The S&P 500 rose 0.4% Wednesday. The Dow Jones Industrial Average climbed 0.5%, and the Nasdaq composite added 0.6%. McDonald’s rose after reporting that its sales benefited from the return of its popular Snack Wraps in the third quarter. Taser maker Axon Enterprise slumped after forecasting weaker profits than analysts were expecting. A report showed that the services sector expanded in October. European markets rose and Asian markets mostly fell.
McDonald’s sales got a lift from Snack Wraps and other value-oriented products and in the third quarter. The burger giant said Wednesday that its same-store sales rose 3.6% for the July-September period. That was slightly ahead of Wall Street’s forecast. The fan-favorite Snack Wraps returned to U.S. menus in July after a nine-year absence. McDonald’s also introduced Extra Value Meals in September to woo back U.S. customers turned off by high prices. But McDonald's CEO Chris Kempczinski said lower-income customers in the U.S. and other major markets remain under pressure and they continue to dine out less.
Stocks fell on Wall Street, pulled down by losses in the same big tech companies that have been the main drivers of the market's rally so far this year. The S&P 500 slid 1.2% Tuesday. The Dow Jones Industrial Average lost 0.5%. The drops in tech pulled the Nasdaq composite down 2%. Palantir Technologies, which had more than doubled so far this year, slumped 7.9% despite reporting results that beat analysts' forecasts. Nvidia also reversed course with a loss of 4%. Metsera jumped after a bidding war for the drug company heated up with a bid from Novo Nordisk.
Nvidia and other AI superstar stocks propped up Wall Street. The S&P 500 rose 0.2% Monday, even though the majority of stocks within the index fell. The Dow Jones Industrial Average dropped 0.5%, and the Nasdaq composite rose 0.5%. Nvidia was the strongest force lifting the market, much as it has been throughout 2025. Another AI winner, Amazon, rallied after announcing a deal with OpenAI. They helped offset a big loss for Kimberly-Clark, which fell after saying it would buy Kenvue, the maker of Tylenol. Stock indexes ended mixed in Europe following a stronger finish in Asia.
Amazon carried the U.S. stock market to the finish of another winning week and month. The S&P 500 rose 0.3% and pulled closer to its all-time high set on Tuesday. It closed out its third straight winning week and sixth straight winning month, its longest monthly winning streak since 2021. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite gained 0.6%. Amazon led the way after reporting a much bigger profit than analysts expected. That helped offset continued losses for Microsoft and Meta Platforms. Treasury yields eased in the bond market.