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13h ago

U.S. Stocks Mark Fifth Consecutive Record Close on Q2 Earnings Strength

Robust Q2 beats from Deckers followed by blowout profits at Newmont have fueled rallies in materials as well as consumer discretionary shares

A Wall Street plate is seen on a street vendor stall outside the New York Stock Exchange (NYSE) in New York City, U.S., July 11, 2025. REUTERS/Jeenah Moon
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a green digitized bull runs

Overview

  • The S&P 500 rose 0.4% to 6,388.64, the Dow gained 0.5% to 44,901.92, the Nasdaq added 0.2% to 21,108.32 and the Russell 2000 climbed 0.4% to 2,261.07 on Friday
  • Deckers Outdoor shares jumped 11.3% after the parent of Ugg and Hoka reported stronger-than-expected Q2 profit and revenue
  • Newmont shares gained 6.8% on the back of blowout Q2 results supported by higher bullion prices
  • Intel shares plunged 8.5% following the announcement of thousands of job cuts and an unexpected quarterly loss
  • Charter Communications fell 18.5% after mixed Q2 results beat revenue forecasts but missed earnings estimates as subscriber losses continued