US stocks ended higher on Thursday, extending a strong rally driven by upbeat corporate earnings and renewed investor optimism. Broad-based gains lifted major indexes, with the S&P 500 and Nasdaq both marking their largest monthly advances in several years as earnings reports continued to exceed expectations across key sectors.
The Dow Jones Industrial Average surged 790.33 points to close at 49,652.14, reflecting broad strength among industrial and blue-chip stocks. The S&P 500 rose 73.06 points to finish at 7,209.01, while the tech-heavy Nasdaq Composite advanced 219.07 points, closing at 24,892.31, supported by gains in technology and growth stocks.
Market sentiment was underpinned by solid corporate results, which reassured investors about the resilience of the US economy despite ongoing concerns about inflation and interest rates. The strong earnings season helped drive sustained buying momentum, contributing to the indexes’ notable monthly performance.
