From Yahoo Finance.: 2025-04-24 06:22:00

U.S. stocks closed higher on Thursday, led by technology shares and buoyed by solid corporate earnings. Easing U.S.-China tariff tensions boosted investor sentiment. The Nasdaq outperformed, driven by AI-related megacap stocks like ServiceNow. Beijing called for U.S. tariff cancellation, signaling a possible de-escalation. Procter & Gamble, PepsiCo, Chipotle Mexican Grill and American Airlines cut forecasts due to trade war uncertainties. ServiceNow and Hasbro beat earnings expectations, with shares rising. The S&P 500 shows 74% of companies beating expectations. Economic data revealed resilience, with durable goods orders and jobless claims better than expected. Major stock indexes rose, with technology shares leading gains. Alphabet shares rose after beating revenue estimates. Trading volume was lower than the 20-day average.

Read more: Wall Street ends higher on tech boost, easing tariff tensions