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HomeMarket NewsUS Stock Market LIVE Update: Wall Street shrugs off Trump’s Hormuz warning; Dow, S&P tick higher
US stocks edged higher on Thursday after opening lower, as investors weighed stalled progress in US-Iran peace talks alongside a fresh batch of earnings, including Tesla's results. The Dow Jones Industrial Average and the S&P 500, both coming off record highs, moved up slightly to trade less than 0.1% above the flatline. The Nasdaq Composite also recovered from earlier losses but remained around 0.1% below flat.
US Stock Market LIVE Update: US stocks edged higher on Thursday after opening lower, as investors weighed stalled progress in US-Iran peace talks alongside a fresh batch of earnings, including Tesla's results.
The Dow Jones Industrial Average and the S&P 500, both coming off record highs, moved up slightly to trade less than 0.1% above the flatline. The Nasdaq Composite also recovered from earlier losses but remained around 0.1% below flat.
Markets remained cautious, with sentiment shaped by a mix of geopolitical uncertainty and ongoing earnings updates.
The market was supported by a strong earnings backdrop, with corporate America continuing to outperform expectations. Still, markets are being pulled in multiple directions as fresh results trigger sharp stock-specific moves.
Just before the US market opening, Trump said he had ordered the US Navy to “shoot and kill” any vessel found laying mines in the Strait of Hormuz, marking a sharp escalation in maritime rules of engagement.
