Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia.

Dow, S&P 500, and Nasdaq futures are rising in premarket trading Friday on the last day of Joe Biden's presidency as the stock market braces for change under Donald Trump.

The Dow Jones Industrial Average rose 334.70 points, or 0.78%, to 43,487.83, the S&P 500 gained 59.32 points, or 1.00%, to 5,996.66 and the Nasdaq Composite gained 291.91 points, or 1.51%, to 19,630.20.

US equity indexes fell in choppy midday trading Wednesday as investors weighed an unexpected drop in jobless claims with Federal Reserve Governor Christopher Waller's view that inflation remains on an easing trajectory.

U.S. stocks opened mostly lower on Wednesday morning, a day after rising Treasury yields triggered a sharp selloff on Wall Street. The Dow Jones Industrial Average was flat, at around 42,529 as of 9:30 a.

Federal Reserve governor Christopher Waller said Wednesday that he believes inflation is still trending lower, a backdrop that could allow the Fed to continue cutting interest rates this year.

Federal Reserve Governor Christopher Waller said ... inflation numbers through March," Waller said. In addition, inflation measured on a shorter 6-month average has been on a downward trend.

Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.

The stock market wrapped up its best week since early November as Wall Street breathed a sigh of relief in the wake of the latest inflation data. The Dow Jones Industrial Average gained 334 points, or 0.

Stocks and bonds staged a turnaround this week as investors cheered a flurry of positive headlines that bolstered the case for rate cuts in 2025.

The stock market briefly perked up Thursday morning as bond yields retreated in the wake of dovish comments from Federal Reserve Gov. Christopher Waller. The S&P 500 was only up slightly, but roughly 340 of its members were on the rise.