The Dow was up 1.3%, or nearly 600 points, and near session highs. Shares of Nike NKE, American Express AXP, and Johnson & Johnson JNJ led the charge. Tech leaders were mixed with Nvidia NVDA and Microsoft MSFT declining while Salesforce CRM and Cisco CSCO advanced. The S&P 500 picked up 0.8% after losing ground earlier.

U.S. stock futures dropped on Thursday after Wednesday’s advances. Futures of major benchmark indices were lower. The Federal Reserve delivered a 25 basis points cut on Wednesday, bringing the rates down to 3.

Dow eyes fresh record as S&P 500 and Nasdaq fall - US markets traded mixed today as the Dow Jones hovered near a fresh record while the S&P 500 and Nasdaq slipped on renewed tech selling. Broadcom’s slump fueled an AI valuation pullback.

The Dow Jones index fell Monday. Warner Bros Discovery takeover drama continued on the stock market today. Nvidia rose on China H200 hopes.

Shares of Tapestry Inc. rallied 4.89% to $123.49 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.21% to 6,901.00 and the Dow Jones Industrial Average rising 1.