NEW YORK (AP) — Stocks swayed in morning trading on Wall Street Thursday as a wide variety of companies reported their latest financial results.
The S&P 500 rose 0.2% and is hovering around the record it set on Tuesday. The Dow Jones Industrial Average fell 21 points, or less than 0.1%, as of 9:53 a.m. Eastern time, and is also hovering around its record. The Nasdaq composite rose 0.2%.
Wall Street opened the week soaring higher and notching records, but has calmed over the last two days. Companies from a mix of sectors reported their latest financial results, adding to an already busy round of corporate earnings reports.
Keurig Dr Pepper rose 1% after reporting earnings and revenue that came in ahead of what investors were expecting. Molson Coors rose 1% after also reporting encouraging financial results.
On the losing end, Honeywell Aerospace fell 21% after turning in results that fell well short of forecasts. AppLovin slumped 19.6% after the digital ad company reported mixed financial results for its most recent quarter.
Outside of earnings SpaceX rose 0.6%. More than 911 million SpaceX shares held by early investors and employees become eligible for sale on Thursday as a lockup period for the stock expires. That is more than double the shares that were initially offered to the public for sale during the initial public offering for Elon Musk’s company. SpaceX initially soared above the share’s $150 asking price, making Musk the world’s first trillionaire. They have since tumbled about 25%, and were trading around $110.
Oil prices gained ground as uncertainty remains over the U.S. war with Iran that has stifled the global flow of oil. The price of Brent crude, the international standard, rose 1.7% to $80.78.
Iran has said that it is close to a deal with Oman to reopening the Strait of Hormuz. President Donald Trump has also previously said a deal is close, but the conflict has had many starts and stops over the last five months.
The increase in oil prices has added more heat to inflation by raising the price of gasoline and raising costs for shipping.
Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.64% from 4.63% late Wednesday.
European markets were higher, and Asian markets closed mostly lower overnight.
___
Associated Press writers Elaine Kurtenbach and Hyung-jin Kim contributed to this report.
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
US stocks are off to a mixed start as more earnings reports roll in WHEC.com.
Hence then, the article about us stocks are off to a mixed start as more earnings reports roll in was published today ( ) and is available on News10NBC ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( US stocks are off to a mixed start as more earnings reports roll in )
Also on site :
- Amazon’s 'Incredibly Soft' Lettuce-Trim Lounge Set Feels Like a Designer Brand That’s 8 Times the Price
- GPGI, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - GPGI
- Quote of the Day: Big Little Feelings Founders Share the Parenting Lesson That Can Change How Kids See the World