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.


Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Thailand Inflation Remains Negative for 10th Straight Month in January
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 



