The S&P 500 closed at a new high on Thursday as backed up by an article from the site Investing.com, boosted by a rally in semiconductor stocks led by Micron Technology. The chipmaker’s shares surged nearly 15% after issuing better-than-expected fiscal fourth-quarter results and strong guidance for the current quarter, attributed to demand for its high-bandwidth memory chips fueled by AI. Super Micro Computer Inc. fell over 12% after news of a DOJ investigation.
Southwest Airlines Rises on Raised Guidance and Buyback
Southwest Airlines stock jumped more than 5% after raising its revenue-per-capacity guidance and announcing a $2.5 billion stock repurchase program, adding to market gains, as explained also by Reuters.
As per The Wall Street Journal, durable goods orders unexpectedly rose in August, and jobless claims dropped, signaling economic resilience. GDP remained steady at a 3.0% annualized gain for Q2, the largest in two quarters. The upcoming PCE price index data — the Federal Reserve's preferred measure of inflation — will be closely watched as the central bank assesses its rate policy.
China Tech Stocks Surge Amid Stimulus Hopes
Chinese tech giants Alibaba, JD.com, and Baidu saw their shares climb after Beijing pledged additional fiscal stimulus to meet its growth target of approximately 5%, fueling a broader market rally.


Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Thailand Inflation Remains Negative for 10th Straight Month in January
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 



