U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 100 500 points on Thursday.
The Dow traded up 1.28% to 42,032.26 while the NASDAQ rose 2.65% to 18,038.75. The S&P 500 also rose, gaining, 1.80% to 5,719.64.
Leading and Lagging Sectors
Information technology shares jumped by 3.3% on Thursday.
In trading on Thursday, utilities shares fell by 0.5%.
Top Headline
Darden Restaurants, Inc. (NYSE:DRI) reported first-quarter financial results on Thursday.
The company reported adjusted earnings per share of $1.75, missing the analyst consensus estimate of $1.83. Quarterly sales of $2.76 billion missed the street view of $2.80 billion.
FactSet said it sees fiscal 2025 revenue of...