The Economic Times

Why is the US stock market surging today? Dow Jones, S&P 500 and Nasdaq turn green while oil prices fall as Oracle earnings come in line

US stock market today shows cautious strength. The Dow Jones rose to 47,804, gaining 63 points. The S&P 500 climbed to 6,802, while the Nasdaq reached 22,759. Investors are reacting to Oracle earnings that came in line with expectations, which supports technology stocks. At the same time, oil prices dropped nearly 8% to about $86 per barrel, easing inflation fears. Meanwhile, gold jumped above $5,219 and silver surged over 5%. Markets now watch US inflation data, Federal Reserve policy signals, and geopolitical tensions for the next move in the Dow Jones, S&P 500, and Nasdaq.