The shares her Wall Street They rose on Thursday (17.07.2025), enhanced by new financial data and a series of corporate results.
The quarterly results announced this week have exceeded Wall Street expectations, enhancing investor confidence in US stocks. So far, about 50 companies of the S&P 500 have published results, with 88% of them exceeding analysts’ estimates, according to Factset data.
Today, Pepsico’s stock jumped over 5% thanks to results exceeding expectations. United Airlines won 6% after the announcement of better results.
In the closure of the meeting, On the dashboard, Dow Jones rose 241 points or 0.55%, the S&P 500 was 0.59%and Nasdaq rose 0.74%.
The key financial data announced on Thursday indicate the resilience of the US economy. The Ministry of Labor said new unemployment benefits for the week ended on July 12 amounted to 221,000, a number reduced by 7,000 compared to last week.
At the same time, retail sales in June increased more than expected, according to new data from the US Statistical Service. Specifically, they rose 0.6% compared to May, surpassing Dow Jones’ prediction to increase just 0.2%.
Wall Street has recovered after a meeting of increased volatility due to rumors of possible removal of US Federal Bank President Jerome Powell by President Donald Trump.