kabutan

U.S. stock market overview on the 30th: Dow jumps 790 points, Caterpillar surges

Fri May 1, 2026 8:14 am JST Market

U.S. stocks rose sharply on the 30th, with the Dow Jones Industrial Average jumping 790.33 points to 49,652.14, rebounding significantly for the first time in six days. Caterpillar surged following its earnings announcement, driving the Dow higher. Several members of the Magnificent Seven also reported earnings, with Alphabet posting substantial gains, pushing the Nasdaq Composite Index to a record high.

Goldman Sachs Group and American Express traded firmly. Chipotle Mexican Grill gained ground, while Blue Owl Capital and Eli Lilly soared. On the other hand, Salesforce showed lackluster performance, and Mastercard was weak.

The Nasdaq Composite Index rose 219.07 points to 24,892.31, extending its winning streak. Advanced Micro Devices and Tesla attracted buying interest, while Qualcomm surged. Teradyne traded higher. Conversely, Microsoft explored lower levels, Meta Platforms plunged, and NVIDIA declined.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

Related Articles