The major US stock indices are closing mostly higher with the NASDAQ leading the way. Again comes after declines yesterday that snap five-consecutive days of gains.
A snapshot of the closing levels shows industrial average:
- Dow industrial average rose 185.13 points or 0.39% at 47474.46
- S&P index rose 16.74 points or 0.25% at 6829.37
- NASDAQ index rose 137.75 points or 0.59% at 23413.67
The small-cap Russell 2000 could not reach positive territory. It felt -4.14 points or -0.17% at 2464.98.
Some of the biggest winners today included:
Boeing (BA): 205.38 | +18.92 (+10.15%)
Intel (INTC): 43.48 | +3.47 (+8.66%)
Grayscale Bitcoin (GBTC): 71.25 | +4.33 (+6.47%)
MicroStrategy (MSTR): 181.33 | +9.91 (+5.78%)
Bitcoin Futures (BMC): 91,580 | +4,805 (+5.54%)
DoorDash (DASH): 216.96 | +11.36 (+5.53%)
BTC/USD: 91,316 | +4,748 (+5.48%)
Shopify (SHOP): 156.83 | +7.55 (+5.06%)
United Airlines (UAL): 104.83 | +3.26 (+3.22%)
Snowflake (SNOW): 259.25 | +7.68 (+3.05%)
Dell Technologies (DELL): 135.95 | +3.86 (+2.92%)
Reasons Behind Today’s Moves
Boeing (+10.15%)
Strong rally on relief after reports that the company is nearing resolution on regulatory concerns and receiving improved delivery outlooks from key airline customers.
Broader industrial sector strength is also contributing to upside momentum.
Intel (+8.66%)
Shares rose after it was predicted potential supply deal with Apple.
Bitcoin, GBTC, and MicroStrategy (+5–6% range)
Bitcoin rebounded sharply today, recovering more than 5% after yesterday’s sell-off.
Risk appetite improved across markets, helping crypto-linked assets rise.
MicroStrategy continues to trade as a leveraged Bitcoin proxy.
GBTC follows underlying Bitcoin price action.
DoorDash (+5.53%)
Benefiting from strong consumer-spending data and improving sentiment on delivery-platform earnings resilience.
Some analysts issued upbeat notes on margin improvement trends.
Shopify (+5.06%)
E-commerce sentiment improved on signs of strong holiday-season demand.
Technical breakout above a short-term moving average added buying interest.
United Airlines (+3.22%)
Airline stocks are rising on lower oil prices and upbeat travel-demand projections.
Investors are rotating into cyclicals as recession fears ease.
Snowflake (+3.05%)
Cloud-software names continue to rebound after recent weakness.
AI-related product announcements and analyst upgrades earlier in the week are still providing support.
Dell Technologies (+2.92%)
Ongoing positive sentiment following Michael & Susan Dell’s headline-grabbing $6.25B philanthropic announcement (indirect brand and sentiment lift).
Broader tech market strength is contributing.