The tariff jitters that shook stocks earlier in the week may have eased
S&P 500, Nasdaq pop with Amazon set to highlight earnings rush
US stocks were mixed on Thursday in anticipation of Amazon's quarterly results, as investors assessed the earnings season so far and eyed President Donald Trump's fast-moving policy overhaul.
The Dow Jones Industrial Average fell 0.3%. The S&P 500 rose more than 0.3%, and the tech-heavy Nasdaq Composite popped 0.5% on the heels of two winning days in a row for the major gauges.
The tariff jitters that shook stocks earlier in the week may have eased, but markets are tracking incoming earnings for any company warnings. At the same time, tech- and chip-related results are being scrutinized for signals about the strength of AI demand.
Investors were keenly awaiting Amazon's quarterly report due after the bell following Alphabet's cloud sales flop. The tech giant provided worse than anticipated first quarter sales guidance, sending shares down about 3%.
In other corporate news, Salesforce stock slipped following the software giant's announcement on management changes. Honeywell shares fell after the conglomerate confirmed it will split into three companies.
