Dow Jumps Over 500 Points; Eli Lilly Posts Upbeat Earnings
DOWDow(DOW) Benzinga·2024-08-09 00:06

U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 500 points on Thursday.The Dow traded up 1.40% to 39,307.07 while the NASDAQ rose 2.14% to 16,543.06. The S&P 500 also rose, gaining, 1.79% to 5,292.43.Leading and Lagging SectorsInformation technology shares climbed by 1.6% on Thursday.In trading on Thursday, utilities shares fell by 0.2%.Top HeadlineEli Lilly And Co LLY reported better-than-expected second-quarter financial results and raised its full-year guidance.Eli ...