US Stock Market today: S&P 500, Nasdaq, Dow Jones to open with gains on Thursday as Apple, Nvidia stocks to soar

Wall Street was poised to open with gains on Thursday as U.S. stock index futures rose signaling fresh momentum for Wall Street, on signs that major tech firms may sidestep President Donald Trump's latest chip import tariffs. Futures for the S&P 500 rose 0.6 per cent, while futures for Dow Jones Industrial Average added 0.5 per cent. Nasdaq futures were up 0.7 per cent. Apple's shares climbed 2.9 per cent in premarket trading, having risen 5.1 per cent and led gains on Wall Street in the prior session, after Trump said the iPhone maker will invest an additional $100 billion in the U.S., bringing its total commitment to $600 billion over the next four years. Shares of chipmakers including Nvidia, Advanced Micro Devices rose in the range of 0.9 per cent to 2.2 per cent.

DoorDash climbed 9 per cent overnight after the food delivery app easily beat Wall Street’s profit expectations as its second-quarter revenue rose 25 per cent. The company issued strong third-quarter earnings guidance and noted that it has not spent any of the $5 billion its board authorized for stock buybacks in February. DoorDash shares are up 66 per cent so far this year.

Drugmaker Eli Lilly tumbled 7 per cent in premarket despite strong earnings from the drugmaker. The drag on its stock was related to the company's latest update on the results from a late-stage study of orforglipron, its potential pill version of the popular weight-loss drug Zepbound.


Researchers found that people taking the pill daily at the highest dose lost about 27 pounds on average, however, more than 10 per cent of those patients stopped taking the drug due to side effects.

Airbnb shares fell 6 per cent after it beat analysts' third-quarter sales and profit expectations but issued tepid guidance for the remainder of 2025. The company said it expects profit margins in the second half of the year to take a hit as it invests in growth and policy initiatives.

Duolingo, the language-learning app, soared 25 per cent in off-hours trading after it crushed Wall Street's profit expectations. The company said its subscription revenue grew 46 per cent over the same period last year.

Coming later Thursday is the government latest data on weekly jobless benefit applications, which serves as a stand-in for layoffs. It's the first government labor market data release since a grim July jobs report sent markets spiraling on Friday.

FAQs

Q1. What are top indexes of US Stock Market?
A1. Top indexes of the US Stock Market are S&P 500, Nasdaq, Dow Jones.

Q2. How are US Stock futures working?
A2. Futures for the S&P 500 rose 0.6 per cent, while futures for Dow Jones Industrial Average added 0.5 per cent. Nasdaq futures were up 0.7 per cent.