09.04.202619:05:16UTC+00US Stocks Rise for a 2nd Session

US equities advanced on Thursday, with the S&P 500 climbing 0.59% to 6,823, the Dow Jones adding 0.70% to reach 48,246, and the Nasdaq 100 rising 0.53% to 25,035. The moves extended the prior session’s relief rally, though price action suggested the market is now entering a consolidation phase.

Gains were driven primarily by mega-cap technology and consumer names, led by Amazon and Meta, underscoring persistent demand for growth-oriented assets. Sentiment improved as investors responded to easing geopolitical concerns after reports that Israel has signaled a willingness to negotiate with Lebanon, raising hopes that a broader regional conflict can be avoided.

However, performance was uneven beneath the surface, with some technology stocks coming under pressure, pointing to ongoing sector rotation. Overall, markets remain cautious, weighing the better risk tone against uncertainty over the durability of a fragile ceasefire, while oil prices hovering near $100 continue to reflect lingering geopolitical risks.