𝗨𝗦 𝗦𝘁𝗼𝗰𝗸𝘀 𝗥𝗲𝗯𝗼𝘂𝗻𝗱 𝗮𝘀 𝗔𝗜 𝗦𝗵𝗮𝗿𝗲𝘀 𝗥𝗲𝗰𝗼𝘃𝗲𝗿 𝗔𝗺𝗶𝗱 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 𝗧𝗲𝗻𝘀𝗶𝗼𝗻𝘀
US stock markets moved higher on Thursday. Technology and artificial intelligence stocks bounced back after a rough week. Investors still watched events in the Middle East along with inflation data and interest rate signals.
The S&P 500 rose 0.5% during morning trading. The Dow Jones Industrial Average added 326 points or 0.7%. The Nasdaq Composite also climbed 0.7%.
AI and chip stocks led the gains:
- Marvell Technology rose 5.5%
- Intel jumped 7.8%
- Applied Materials gained 7.5%
Oracle fell more than 10%. The company plans to raise nearly $40 billion through debt and stock sales to fund AI projects. The drop came even after Oracle posted stronger-than-expected quarterly earnings.
Some investors now ask whether heavy AI spending will produce the profits companies promise. Tech stocks have faced recent selling pressure due to worries about high valuations and tighter monetary policy.
Oil prices stayed in focus as conflict involving Iran continues. Brent crude dropped 0.5% to $92.64 per barrel. US crude rose 0.3% to $90.29 per barrel.
President Donald Trump warned Iran would be hit hard. He also said he is ready to assume total control of Iranian oil and gas markets. The comments followed the downing of a US Apache helicopter near the Strait of Hormuz earlier this week.
Diplomatic talks have increased. Iranian and European officials exchanged messages about a possible early peace framework.
A US wholesale inflation report showed producer prices grew more than expected in May. Higher energy costs tied to the Iran conflict have added to global inflation pressures.
The European Central Bank raised interest rates by 25 basis points to 2.25%. This marked its first rate hike in almost three years. ECB President Christine Lagarde called the decision unanimous. She said officials would not commit to a set path for future rates.
Investors expect the US Federal Reserve to hold rates steady at its meeting next week. Futures markets show a 51.6% chance of a rate hike at the Fed's October meeting.
Global markets showed mixed results. London's FTSE 100 gained 0.9%. Hong Kong's Hang Seng Index lost 0.7%. The pan-European STOXX 600 index was flat.
ورلڈ بینک نے 2026 کے لیے عالمی ترقی کے تخمینے کو کم کر کے 2.5 فیصد کر دیا ہے۔ اس نے خبردار کیا ہے کہ اگر ایران کا تنازع مزید شدت اختیار کر گیا تو ترقی کی رفتار مزید سست ہو جائے گی۔