Nasdaq Jumps Over 200 Points; Dillard's Shares Gain After Q1 Earnings

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 200 points on Thursday. The Dow traded up 0.68% to 50,031.50 while the NASDAQ gained 0.85% to 26,625.71. The S&P 500 also rose, gaining, 0.70% to 7,497.13. Leading and Lagging Sectors Information technology shares jumped by 0.9% on Thursday. In trading on Thursday, materials stocks fell by 0.5%. Top Headline Dillard’s Inc (NYSE:DDS) shares gained around 3% on Thursday as the company reported upbeat earnings for the first quarter. The company posted quarterly earnings of $16.04 per share which beat the analyst consensus estimate of $10.37 per share. The company reported quarterly sales of $1.568 billion which beat the analyst consensus estimate of $1.555 billion. Equities Trading UP Snail Inc (NASDAQ:SNAL) shares shot up 173% to $1.37 after the company reported better-than-expected first-quarter financial results Shares of POET Technologies Inc (NASDAQ:POET) got a boost, surging 29% to $18.55 after the company announced it entered into a supply agreement with Lumilens to establish a strategic joint development and commercial technology partnership to advance a new class of wafer-level photonic integration for frontier AI infrastructure. Robo.ai Inc (NASDAQ:AIIO) shares were also up, gaining 45% to $3.81 as the company announced the launch of its NeuroStream technology platform. Equities Trading DOWN Aeluma Inc (NASDAQ:ALMU) shares dropped 32% to $21.30 after the company reported worse-than-expected third-quarter sales results and narrowed its FY26 sales guidance below estimates. Shares of Stak Inc (NASDAQ:STAK) were down 38% to $1.47 after the company reported fiscal first-half 2026 financial results that showed slowing profitability despite higher revenue growth. Regenxbio Inc (NASDAQ:RGNX) was down, falling 38% to $6.21 after the company reported worse-than-expected first-quarter financial results. CommoditiesIn commodity news, oil traded down 0.1% to $100.97 while gold traded down 0.4% at $4,689.10. Silver traded down 4.9% to $85.010 on Thursday, while copper fell 1.2% to $6.6000. Euro zone European shares were higher today. The eurozone's STOXX 600 rose 0.5%, while Spain's IBEX 35 Index rose 0.7%. London's FTSE 100 rose 0.1%, Germany's DAX rose 1%, while France's CAC 40 gained 0.6%. Asia Pacific Markets Asian markets closed mixed on Thursday, with Japan's Nikkei 225 falling 0.98%, Hong Kong's Hang Seng Index gaining 0.002%, China's Shanghai Composite dipping 1.52% and India's BSE Sensex gaining 1.06% Economics U.S. initial jobless claims increased by 12,000 from the previous week to 211,000 during the first week of May, compared to market estimates of 205,000. U.S. export prices rose by 3.3% month-over-month in April compared to a revised 1.5% gain in March. U.S. import prices increased by 1.9% month-over-month in April, compared to market estimates of a 1% gain. U.S. retail sales rose 0.5% month-over-month in April compared to a revised 1.6% gain in the previous month. Photo via Shutterstock