Market Overview

Major U.S. stock indexes closed with mixed results on Thursday as investors digested the latest quarterly earnings from Blackstone and American Airlines. The market's attention also turned to Intel, which is poised to release its second-quarter earnings after the market closes.

Highlights of the Day

The Nasdaq 100 saw a modest gain of 0.25%, buoyed by a significant 5.80% jump in T-Mobile shares. Conversely, the Dow Jones experienced a 0.70% decline, largely due to a 7.62% drop in IBM shares. The S&P 500 remained flat, showcasing the day's mixed sentiment.

Notable Debut

Accelerant Holdings made a striking entrance on the New York Stock Exchange, with shares opening at $28.44, marking a 35.4% increase from its IPO price.

Currency Movements

In currency markets, the euro dipped slightly against the dollar, trading 0.10% lower at $1.17588 by late afternoon.