Wall Street looked to keep momentum from a tech-fueled rally that saw Nvidia leap to become the world's first $4 trillion public company.

The Dow Jones Industrial Average, Nasdaq Composite and S&P 500 each made significant gains on Thursday following the potential of 50% tariffs on copper and Brazilian imports.

The S&P 500 and the Dow edged up on Thursday, brushing off President Donald Trump's latest tariff salvo, while airline stocks soared on the wings of Delta's upbeat forecast. Delta Air Lines jumped 12.

The S&P 500 added 0.3% on Thursday, July 10, 2025, reaching another record close as Nvidia stock and Bitcoin climbed to new highs.

The strong jobs report also spurred a spike in Treasury yields and reduced expectations for the Federal Reserve to cut interest rates soon.

Wall Street added to its recent milestones Thursday as the market closed at an all-time high after Delta Air Lines kicked off earnings season with a solid outlook for the rest of 2025, spurring an airline stock rally.

The S&P 500 has outpaced the Dow Jones Industrial Average despite President Trump's rejection of exceptions to the Aug. 1 date he set to launch his latest tariffs. Meanwhile, the Nasdaq has had a day in the green.

Dow Jones Industrial Average finishes 0.4 per cent down, following a rollercoaster session at 44,240.76. Read more at straitstimes.com. Read more at straitstimes.com.

Both the Dow Jones Industrial Average and the S&P 500 are considered bellwethers of the U.S. economy. That's because they are composed of some of the largest companies in the country.

Investors are digesting Trump's stiff tariffs on imports from more than a dozen countries and delayed the return of sweeping April levies.