

The Dow Jones Industrial Average extended its winning streak to six days, rising 0.5% to close above 39,000, while the S&P 500 remained flat and the Nasdaq slightly declined. Mixed U.S. stock performances were influenced by Federal Reserve indications that interest rates might stay high, alongside varied corporate earnings reports impacting investor sentiment.
In specific earnings news, Uber and Shopify experienced significant share drops due to disappointing forecasts, contrasting with Robinhood, which saw a surge in after-hours trading following better-than-expected results. Meanwhile, Airbnb's shares fell after its quarterly revenue projection did not meet analyst expectations, highlighting the ongoing challenges and uncertainties within the corporate sector.