Stock Market News Roundup

The stock market saw a mix of gains and losses on Thursday, with some notable movements in key sectors. Here are some highlights from the day’s trading:

– **Dow**: Chevron saw a 2.2% gain, contributing to the energy sector’s overall rise of nearly 2%. Johnson & Johnson rose 1.5% after positive results from a drug trial. Honeywell ticked up 0.6% following an announcement of a major acquisition in the defense sector.

– **S&P 500**: Gilead Sciences surged 8.5% after reporting positive results from a trial of its HIV prevention medication. Accenture gained 7.3% on better-than-expected earnings. Oil companies like Hess Corp. and ExxonMobil were among the top performers.

– **Nasdaq 100**: Amazon gained 1.7% as its backed competitor, Anthropic, unveiled an advanced chatbot. However, chip stocks experienced a sell-off after a recent rally, with Micron, Qualcomm, and Broadcom all declining.

– **Other News**: Kroger fell 3.3% after announcing a pause in stock buybacks. Darden Restaurants rose 1.5% after beating earnings estimates. Nvidia fell 3.5% after losing its title as the world’s most valuable company to Microsoft.

Overall, the market showed a mix of positive and negative movements, with some sectors outperforming while others faced challenges. Investors will be watching closely for further developments in these key areas.