S&P 500 Dow Nasdaq today: Stock market today: S&P 500, Dow, Nasdaq rise as AI stocks rebound – here’s why Oracle, Nvidia, and Micron led gains
US Stock Market Today: S&P 500, Dow and Nasdaq Closed with Rise
While Nasdaq Composite closed at 23,307.62 points with a 1.31% increase, S&P 500 closed the day at 6,834.50 points with a 0.88% increase. The Dow Jones Industrial Average rose 183.04 points, or 0.38%, to 48,134.89 points. This was the second consecutive day of gains for all three major indexes.
Oracle Stock Soars on TikTok US Deal
Oracle shares rose 6.6% after TikTok said it would sell its U.S. operations to a new joint venture that includes the tech giant and private equity firm Silver Lake, according to a CNBC report. The stock faced pressure earlier in the week after one of its data center projects lost a key backer, raising concerns about debt and artificial intelligence spending. This downturn also affected other AI-related stocks, including Broadcom and Advanced Micro Devices.
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Nvidia Shares Gain from Potential AI Chip Sales in China
Nvidia, another AI-focused company, saw its shares rise nearly 4% following reports that the Trump administration was reviewing the possibility of allowing the company to sell its advanced AI chips to China. Earlier this month, US president Donald Trump announced that Nvidia could ship H200 AI chips to “approved customers” in the country.
Micron Stock Extends Rise
Micron Technology continued its recent rally, rising around 7% on the back of strong revenue forecast for the current quarter. The stock rose 10% on Thursday, calming investors’ concerns after recent volatility in artificial intelligence-related stocks.
Stock Market Outlook: AI Industry Recovery Boosts Investors’ Confidence in 2026 Markets
Tom Garretson, senior portfolio strategist at RBC Wealth Management, said: “The violent issuances of some of the hyperscalers and some of the AI trades could put pressure on markets in 2026,” adding: “But again, these are some of the best-rated companies in terms of their credit credentials. Clearly, they have the capacity to raise debt to fund some of this stuff.” “I am confident that some of the capital spending will support a broader or possibly better growth environment,” as quoted in the report.
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Stock Market Today’s Gains Follow Previous Rally in Major Indices: Nasdaq, S&P 500, Dow’s Highlights
Friday’s gains follow a recovery from the previous session, when the S&P 500 and Dow ended a four-day losing streak. With Friday’s moves, the S&P gained a modest 0.1% over the two-day period and the Nasdaq rose 0.5%, although the Dow lost 0.7%.
Nike Shares Drop Due to Weak China Revenue and Tariff Impact
Not all companies attended the rally. Nike shares fell 10.5% after reporting a decline in revenue in the Greater China market in the fiscal second quarter. The sportswear giant also cited tariff increases as a factor that puts pressure on its gross profit margin.
FAQ
Why did US stock markets rise on Friday?
Stocks gained value as investors regained confidence in the artificial intelligence industry, especially after Oracle’s TikTok deal.
Why did Oracle shares jump?
Shares of Oracle rose 6.6% after TikTok agreed to sell its U.S. operations to a joint venture that includes Oracle.
