Overview
- The S&P 500 rose 0.4% to 6,796.29, the Dow added 0.5% to 47,311.00, the Nasdaq gained 0.6% to 23,499.80, and the Russell 2000 led with a 1.5% advance to 2,464.78.
- Wednesday’s climb recovered only part of Tuesday’s drop, leaving major indexes lower for the week so far but still strongly higher for the year.
- Seven of 11 S&P sectors finished higher, led by consumer discretionary up 1.12%, with sentiment helped by a Supreme Court case casting doubt on tariff powers.
- Standout gainers included Micron (+8.93%), Southwest (+6.56%), United (+6.47%), American Airlines (+6.13%), and Lam Research (+5.95%).
- Notable decliners included Super Micro Computer (−11.34%), Live Nation (−10.42%), and Papa John’s (−5.08%), while McDonald’s rose after sales updates and Axon fell on a weaker profit outlook.