US stocks move higher as they shrug off threats of tariffs ...Middle East

Looking at the major indices:

Dow industrial average is up 141 points or 0.32% at 44335.47. Is up 38.84 points or 0.49% at 6376.29.S&P index is up 38.84 points or 0.49% at 6376.29.NASDAQ index up 174.61 points or 0.82% at 21341.50.

Bank of America noted that iPhones could gain market share if competitors are subject to tariffs and Apple receives exemptions.

Meanwhile, Eli Lilly shares tumbled after its GLP-1 weight loss pill underwhelmed in late-stage trials, showing an average 12% weight loss versus Street expectations of 13–15%. The company still plans to file for FDA approval later this year, and reported strong earnings alongside raised guidance thanks to injectable GLP-1 drugs Zepbound and Mounjaro. The stock is currently down -14.06%.

The NASDAQ index is

This article was written by Greg Michalowski at investinglive.com.

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