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Stocks Edge Higher As Earnings Provide Support, Tesla Sinks To 15-Month Lows, Bitcoin Rebounds: What’s Driving Markets Thursday?

Stocks surged higher on Thursday, with the S&P 500 index aiming to snap a four-day losing streak as investors assess the latest wave of corporate earnings.

ALK

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US Intensifies Economic Pressure On Iran In Response To Attack On Israel: ‘We Will Continue To Deploy Our Sanctions Authority,’ Yellen Says

The U.S. Treasury expands sanctions targeting Iran's UAV capabilities, steel industry, and automaker Bahman Group subsidiaries. Janet Yellen emphasizes strategic use of economic restrictions to counter destabilizing activities and support for terrorism. Market reactions show minimal impact on oil prices.

GLD

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Dow Surges Over 100 Points; D.R. Horton Posts Upbeat Earnings

U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 100 points on Thursday. Following the market opening Thursday, the Dow traded up 0.34% to 37,880.89 while the NASDAQ fell 0.16% to 15,658.94. The S&P 500 also rose, gaining, 0.03% to 5,023.87.

AGBA