Open account

US stocks open the shortened week higher

US stocks opened higher on the shortened week, driven by hopes for peace and broad buying. The Dow and S&P opened above their prior record closing levels (Dow trading ~50,759; S&P ~7,516) while the Nasdaq remained slightly below its record. Several individual names jumped sharply at the open—Micron surged ~12%, Applovin and Marvell rose strongly, and travel and tech names saw gains—while the Magnificent Seven showed mixed but mostly modest gains. The overnight/early strength pushed intraday highs for the major indices, underpinning a bullish market tone into the session.

Category

US 500

Sentiment

Bullish

Event

Price milestone

Reading time

1 min