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Stock Market Today: Dow Rises As Trump Gives Timetable For Truce; Nike Plunges On Earnings (Live Coverage)

SCOTT LEHTONEN
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⚡ Quantum Brief
The Dow Jones Industrial Average climbed Wednesday as former President Trump announced a timeline for a potential U.S.-Iran truce, easing geopolitical tensions that had weighed on markets earlier in the week. Nike shares dropped sharply after its quarterly earnings report missed analyst expectations, dragging down the consumer discretionary sector despite broader market gains. Investors awaited Friday’s critical jobs data, which could influence Federal Reserve policy decisions amid persistent inflation concerns and mixed economic signals. Tech stocks showed resilience, with the Nasdaq outperforming other major indices as chipmakers and AI-related firms led gains on strong semiconductor demand forecasts. Market volatility remained elevated ahead of the jobs report, with traders balancing optimism over the truce talks against caution over corporate earnings and economic uncertainty.
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The Dow Jones Industrial Average rose and other major stock indexes scored back-t0-back gains Wednesday after President Donald Trump said Iran's new president is seeking a ceasefire. An upside surprise in jobs data and retail sales also fueled the stock market today. Tesla (TSLA) rose ahead of a deliveries report and Amazon (AMZN) climbed amid a new OpenAI stake. The… Related news Nasdaq, Transport Stocks Lead Second Day Of Gains; Could One Of These Stocks Replace Dow Dog Nike? 4/01/2026 These six retailing stocks all show a Composite Rating of 90 or better on a scale of 1 to 99. 4/01/2026 These six retailing stocks all show a Composite Rating of...

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Source: Investor's Business Daily

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