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Barchart
Barchart
Rich Asplund

S&P 500 Climbs to a Record High Despite Tariff Uncertainty

The S&P 500 Index ($SPX) (SPY) Thursday closed up +0.27%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.43%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.16%.  September E-mini S&P futures (ESU25) are up +0.26%, and September E-mini Nasdaq futures (NQU25) are down -0.17%. 

Stock indexes on Thursday settled mixed, with the S&P 500 posting a new all-time high. Strength in airline stocks was positive for the broader market Thursday, with Delta Air Lines jumping more than +12% after restoring its full-year guidance.  Stocks also found support after the weekly US initial unemployment report showed jobless claims unexpectedly fell to an 8-week low, a sign that the US labor market remains strong.

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