The Dow Jones Industrial Average gained ground as metal, cyclical and financial stocks kept a bullish profile. But data center stocks got stung.

Even though the benchmark US stock market indices opened flat, airline stocks surged at the opening bell after Delta Air announced its better-than-expected earnings outlook for the year on Thursday, 10 July 2025.

Wall Street experienced a cautious start to the week, with major indexes declining amid concerns over an impending tariff deadline. Tesla shares plummeted following renewed tensions between Elon Musk and President Trump.

Wall Street closed higher on Thursday, driven by discretionaries and utility stocks. Markets shrugged off tariff concerns with the extension of the tariff deadline to Aug. 1. Jobless claims came down,

Wall Street Today: The tech-heavy Nasdaq Composite hit its all-time high level amid Trump tariffs on Thursday, 10 July 2025. Meanwhile, other benchmark stock market indices opened flat. Airline ...

Tesla (NASDAQ: TSLA) shares have tumbled 20% this year, while the S&P 500 (SNPINDEX: ^GSPC) has jumped 5%. Poor financial results driven by market share losses are the main source of consternation, but CEO Elon Musk has arguably damaged the brand with his behavior.

When that happens, Wall Street may see a dramatic resurgence of two types of stocks that have been left on the sidelines recently: small-company stocks and so-called value stocks, meaning the stocks of less glamorous, slower-growing companies that also happen to be reasonably cheap in relation to their earnings, dividends and net assets.

Asian shares are mixed in cautious trading Friday after Wall Street closed at an all-time high with Delta Air Lines kicking off earnings season with a solid outlook for the rest of 2025, spurring an airline stock rally.