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The Dow Jones Industrial Average rose significantly by 1%, supported by gains in companies like 3M and Northrop Grumman, which reported strong earnings that exceeded expectations. This was aided by a decline in oil prices of less than 1% following previous gains, boosting investor morale. Amid this, U.S. Treasury yields declined, and attention continues to be focused on developments in the Middle East. Concerns remain about the sustainability of the AI investment wave, especially after shares of Illis dropped more than 30%. Experts anticipate that results from ultra-wide computing companies will be a focal point in the coming period, with spending trends on data centers and profitability outlooks for 2027.
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