Wall Street ends higher, S&P 500, Nasdaq notch biggest gains in years
U.S. stocks rose on Thursday, with the S&P 500 and Nasdaq recording their biggest monthly gains in years, driven by solid corporate earnings and economic data. The S&P 500's monthly gain was its largest since November 2020, while the Nasdaq's was its biggest since April 2020.
U.S. stocks advanced on Thursday, with the S&P 500 and Nasdaq logging significant monthly gains. The S&P 500 recorded its biggest monthly percentage gain since November 2020, and the Nasdaq's gain was its largest since April 2020. The Dow Jones Industrial Average rose 790.33 points to 49,652.14. Industrials led the gains, powered by Caterpillar shares, while technology limited the Nasdaq's gains after high-profile quarterly results. The U.S. economy grew 2.0% in the first three months of 2026, and initial jobless claims dipped to their lowest since 1969. Crude prices eased, but year-on-year inflation remained above 3% due to soaring energy prices.
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