Stock Market Update
08-May-25 10:10 ET
Stocks open higher, propelled by momentum
Dow +226.90
at 41340.87,
Nasdaq +144.54
at 17882.70,
S&P +32.12
at 5663.40
[BRIEFING.COM] The stock market opened higher, propelled by carryover momentum after yesterday's positive finish. The Dow Jones Industrial Average is more than 200 points higher than yesterday. The S&P 500 and Nasdaq Composite trade 0.5% and 0.4% higher, respectively.
The market is optimistic about the global trade situation after news that President Trump will announce a trade deal with the UK today.
Major indices have maintained a positive posture despite ongoing declines in Apple (AAPL 195.28, -0.91, -0.5%) after yesterday's retreat in the stock.
Separately, wholesale inventories rose 0.4% in March (Briefing.com consensus 0.5%).
