U.S. stocks traded mixed this morning, with the Dow Jones index gaining around 300 points on Thursday.

Following the market opening Thursday, the Dow traded up 0.65% to 49,177.00 while the NASDAQ fell 0.18% to 24,628.73. The S&P 500 also rose, gaining, 0.05% to 7,138.04.

Leading and Lagging Sectors

Industrials shares jumped by 1.5% on Thursday.

In trading on Thursday, information technology stocks fell by 0.8%.

Top Headline

Amazon.com Inc (NASDAQ:AMZN) reported upbeat financial results for the first quarter after the market closed on Wednesday.

Amazon reported first-quarter revenue of $181.52 billion, beating the consensus estimate of $177.30 billion, according to Benzinga Pro. The e-commerce giant reported quarterly earnings of $2.78 per share, beating analyst estimates of $1.66 per share.

Amazon also said it expects second-quarter revenue to be between $194 billion and $199 billion, versus estimates of $188.87 billion.

Equities Trading UP
         

• Huachen AI Parking Mgmt Tech Hldg Co Ltd (NASDAQ:HCAI) shares shot up 143% to $13.31.
• Shares of Everspin Technologies Inc (NASDAQ:MRAM) got a boost, surging 45% to $19.06 after the company reported better-than-expected Q1 financial results. The company announced a $40 million U.S. defense contract.
• Fatpipe Inc (NASDAQ:FATN) shares were also up, gaining 37% to $3.39.

Equities Trading DOWN

• Haoxi Health Technology Ltd (NASDAQ:HAO) shares dropped 53% to $0.45.
• Shares of Rising Dragon Acquisition (NASDAQ:RDAC) were down 48% to $10.62.
• Option Care Health Inc (NASDAQ:OPCH) was down, falling 31% to $18.41 after the company reported mixed first-quarter financial results and cut its FY26 sales guidance below estimates.

Commodities

In commodity news, oil traded down 1% to $105.81 while gold traded up 1.7% at $4,639.90.

Silver traded up 2.5% to $73.865 on Thursday, while copper rose 0.4% to $5.9605.

Euro zone

European shares were mostly higher today. The eurozone's STOXX 600 rose 0.8%, while Spain's IBEX 35 Index rose 0.1%. London's FTSE 100 gained 1.3%, Germany's DAX rose 0.8% and France's CAC 40 slipped 0.1% during the session.

Asia Pacific Markets

Asian markets closed lower on Thursday, with Japan's Nikkei falling 1.06%, China's Shanghai Composite gaining 0.11%, Hong Kong's Hang Seng Index falling 1.28% and India's BSE Sensex declining 0.75%.

Economics

• U.S. employment costs climbed by 0.9% in the first quarter following a 0.7% gain in the prior period.
• U.S. personal spending surged by 0.9% month-over-month in March following a revised 0.6% gain in February.
• U.S. personal income increased by 0.6% month-over-month in March after showing no growth in the previous month.
• U.S. initial jobless claims declined by 26,000 from the previous week to 189,000 in the week ending April 25, compared to market estimates of 215,000.
• The U.S. PCE price index increased 0.7% month-over-month in March following February's 0.4% gain.

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