Overview
- U.S. stocks closed mixed on Thursday with the Dow Jones rising to about 51,561 as gains in healthcare and financials lifted the price-weighted index.
- Broadcom’s quarterly report drove a sharp drop in its shares on Thursday and pushed losses through semiconductor and AI-linked stocks including Arm, Micron, AMD and CrowdStrike.
- Reports of a brief Israel–Lebanon ceasefire raised hopes for de-escalation before Hezbollah rejected the deal and hostilities continued, a sequence that lowered oil prices intraday.
- Investors noted a larger-than-expected rise in U.S. initial jobless claims and focused on Friday’s nonfarm payrolls because stronger employment would increase the odds of tighter Fed policy.
- SpaceX filed to sell 555,555,555 shares under ticker SPCX at $135, a filing that could raise roughly $75 billion and that commands major attention in equity and capital markets.