In the realm of finance, a review of the day’s trading reveals a range of reports, trends, indices, stock prices, bonds and foreign exchange rates. Despite an initial increase in prices for most stocks, Wall Street ended the day down with the Nasdaq falling by 0.4%, the Dow Jones by 0.1%, and the S&P 500 by 0.3%.
Amongst the most notable shares were Donald Trump’s Truth Social network which saw a 15% gain after its first day of trading and Krispy Kreme which jumped 40% following a distribution agreement with McDonald’s. Viking Therapeutics also rose 16% after positive results from a trial for their weight loss drug.
On another front, UPS experienced a sharp decline after initially jumping at the beginning of trading due to news of a new strategy and forecast for 2026. Tesla announced plans to offer a free month of using FSD Full Self-Driving technology to US customers in response to market conditions.
In commodities markets, cocoa prices reached an all-time high causing concerns for chocolate manufacturers who may pass on these increased costs to consumers. With production issues facing Ivory Coast and Ghana, chocolate prices are expected to rise significantly over the next few years. Stocks like Hershey are already feeling this impact with some analysts downgrading their ratings.
Internationally, European exchanges closed with positive trends while Asian markets were trading with mixed trends. Notable movements included Reddit’s stock doubling and Krispy Kreme’s surge following its deal with McDonald’s. Financial experts predict continued growth in gold prices and fluctuations in bond markets as global economic conditions continue to shape trading landscapes worldwide.
