Stock Market

The U.S. major indexes closed as follows: Dow Jones up 1.08% at 52,177.69; S&P 500 up 0.33% at 7,744.06; NASDAQ up 0.08% at 26,713.03. The Dow Jones outperformed the other two benchmarks, while the S&P 500 and NASDAQ also finished higher. Broad participation was uneven, but the session still ended with major U.S. equities in the green.

Unusual-move stocks showed a split tape, with strong gains in select AI software and internet names while some chip-related and cloud-computing names declined. CoreWeave was up 5.94% at $69.69, Circle Internet Corp. was up 9.33% at $86.97, and Regencell Bioscience Limited rose 17.39% to $9.52.

On the downside, Rocket Lab USA, Inc. fell 6.64% to $55.25, Micron Technology rose 1.87% to $931.24, and NVIDIA declined 1.84% to $217.23.

Other notable movers included Dell Technologies declining 8.4% in related coverage, ServiceNow up 5.1% to $147.09 in media reports, and Tesla as investors watched a high-profile product event.

Among Chinese ADRs and other U.S.-listed names, several consumer, education, and fintech shares also posted notable swings. Yiren Digital surged 19.30% to $0.78, MindForge Inc. jumped 22.94% to $10.88, and Burning Rock Biotech gained 6.78% to $15.60. At the same time, Freight Technologies fell 24.31% to $0.19, Smart Powerr declined 40.92% to $0.10, and Taoping dropped 14.69% to $0.33.

This pattern suggests traders continued to favor select high-beta growth names while punishing weaker balance-sheet or lower-liquidity stories.

Other Markets

The U.S. 10-year Treasury yield was unchanged, latest at 5.09%.

USD/CNH rose 0.0164%, at 6.72; USD/HKD fell 0.0055%, at 7.85.

U.S. Dollar Index rose 0.0294%, at 102.03.

WTI crude futures fell 0.36%, at 96.15 USD/bbl; COMEX gold futures rose 0.38%, at 4,185.90 USD/oz.

Top News

1. Interactive Brokers reported higher quarterly profit as customer activity and interest income expanded. The company said profit rose to $314 million from $263 million a year earlier. Revenue increased to $1.91 billion, helped by a 35% jump in customer accounts and stronger margin-loan balances.

2. Interactive Brokers said customer accounts and margin borrowing grew sharply in the latest quarter. Total accounts reached 5.58 million, while customer margin loans climbed to $105.2 billion. Net interest income increased to $1.15 billion, reflecting higher average loan and credit balances.

3. ServiceNow launched an AI Passport tool to control enterprise virtual agents. The new product gives AI agents a secure digital identity and limits what data and actions they can access. The launch supports the company’s enterprise AI push and came alongside fresh analyst price-target increases.

4. Meta announced a new open-weight AI model and teamed up with Apple to run it on Macs. The partnership lets developers use Meta’s model locally on high-end Apple computers. Meta said the model is designed for coding and agentic work, broadening its AI distribution strategy.

5. Tesla scheduled a Roadster 2.0 event as Elon Musk again teased a radical vehicle reveal. The company plans to showcase the revamped sports car at an invite-only launch and livestream it. The event renews attention on a product that has been delayed repeatedly for years.

6. Nvidia said CoreWeave does not need a financing backstop, pushing back on market concerns. The comments came as CoreWeave and other neocloud stocks remained under pressure from debt worries. The backdrop underscores investor sensitivity to leverage in the AI infrastructure trade.

7. Dell Technologies fell sharply after analysts questioned what is driving its revenue growth. Barclays downgraded Dell and Hewlett Packard Enterprise to Equal Weight from Overweight. The firm said valuations have risen faster than the evidence of a durable AI revenue inflection.

8. Walmart gained after Deutsche Bank upgraded the retailer and lifted its price target. The bank said the chain has a more favorable setup into a later period and can keep taking share in an inflationary environment. The call highlighted improving margins as higher-margin businesses expand.

9. Crude oil futures advanced as traders weighed shipping risks and supply recovery. Market reports said Middle East freight and security concerns continued to influence pricing. The move came even as refined products and some broader energy spreads weakened.

10. Several Wall Street firms issued new ratings and initiations across retail, industrial, biotech, and defense-tech names. Deutsche Bank upgraded Walmart, Baird upgraded Bank of America and Zions Bancorporation, and Piper Sandler initiated HawkEye 360 at Overweight. These actions may help shape near-term trading in the affected names.

Sources: Reuters, Dow Jones, Tiger Newspress, public market dataDisclaimer: This content is for reference only and does not constitute investment advice.