Nasdaq 100 jumps 2.21% as Palantir and other earnings beat lift U.S. stocks
AI Market Summary
US equities rallied to fresh highs, led by Nasdaq strength as AI and tech-linked earnings beats (notably PLTR, ZBRA, CAT) reinforced expectations for robust Q2 profit growth. A sharp drop in WTI on renewed US-Iran negotiation hopes eased inflation concerns, pulling 10-year yields lower and supporting risk assets despite weaker factory orders and softer JOLTS data. The session reflects earnings-driven risk-on positioning with rates relief.
Impact level
● High
Affected assets
NCSINASDAQ1002USD/USDT+3.56%
AI Insight · NCSINASDAQ1002USD/USDTAI Insight
▲ Bullish
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U.S. stocks closed higher, led by the Nasdaq 100’s 2.21% gain, while the S&P 500 rose 1.13% and the Dow added 1.55%. Palantir, Zebra Technologies and Caterpillar advanced after reporting results that topped expectations and lifting full-year guidance, boosting technology and industrial shares. The 10-year U.S. Treasury yield fell 4 basis points to 4.64% as June factory orders declined 0.3% month over month, weaker than expected.
