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Wall Street stocks close higher, Delta forecast boosts sentiment

UNITED STATES, JUL 10 – Delta Air Lines led a 13.2% surge in U.S. airline stocks after exceeding earnings forecasts and raising its summer travel outlook amid tariff-related economic uncertainty.

  • On Thursday, July 10, 2025, major Wall Street indexes in New York closed higher, with both the benchmark large-cap index and the technology-heavy index achieving new all-time closing peaks.
  • The market surged following Delta Air Lines’ strong profit outlook and a more favorable-than-anticipated jobs report for June, despite ongoing concerns over tariffs.
  • Most sectors in the S&P 500 gained, led by banks and consumer-focused companies, while technology and communication stocks lagged, and WK Kellogg shares surged 30.6% on a $3.1 billion acquisition deal.
  • The S&P 500 rose 16.44 points to 6,279.70, the Dow gained 189.27 points to 44,647.57, and the Nasdaq Composite added 20.03 points to 20,631.37.
  • Citi strategist Drew Pettit warned the economy must remain resilient for the rally to sustain and said, "Structurally, we're not there yet.
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61 Articles

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WGN 9WGN 9
+5 Reposted by 5 other sources
Center

Wall Street is higher and airlines surge on a stronger outlook from Delta

·Chicago, United States
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ReformaReforma
+2 Reposted by 2 other sources
Lean Right

S&P 500 and Nasdaq indexes marked m ximos histricos de cercado y aerol neas rebounded before the latest tariff measures of Donald Trump.

·Mexico City, Mexico
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The Washington Post broke the news in on Thursday, July 10, 2025.
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