CORRECTION (2026-07-12): An earlier version of this article included claims that SpaceX joined the Nasdaq 100 (the Google/Dow index change is retained). That material has been removed and adjacent wording lightly adjusted for readability; the substance of the article is otherwise unchanged. Corrected on 2026-07-12.
US equity markets opened higher on Thursday, with the Dow Jones Industrial Average and Nasdaq Composite posting early gains as investor sentiment improved following a volatile week for technology shares.
The broad-based advance signals a tentative stabilization after recent selling pressure, with traders returning to tech names despite ongoing macroeconomic uncertainties.
The rally coincides with significant index rebalancing activity.
Google has been added to the Dow Jones Industrial Average.
These structural shifts highlight the evolving composition of US market benchmarks, though the immediate price action is driven more by sentiment than by the index changes themselves.
Despite the recovery in tech stocks, investor anxiety regarding artificial intelligence financing persists.