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Stocks rise as Dow pushes for an 8-day winning streak: Live updates

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Investors are feeling more confident as of late in the outlook for stocks, buoyed by a strong earnings season and hopes for rate cuts from the Federal Reserve.

The Dow enters Friday riding a seven-day winning streak, its longest since a nine-day run seen in December. The S&P 500 also advanced Thursday, closing above 5,200 for the first time since early April.

Stocks are on pace for a winning week. The Dow has gained 2.1%. The S&P 500 and the Nasdaq were higher by 2% and 1.5%, respectively. "Through developing and offering next-generation premium BEVs and technology-driven solutions, we aspire to lead the electrification, intelligentization and innovation of the automobile industry," the company said in its SEC filing.European markets opened higher on Friday as positive momentum continued into the end of the week and the U.K. posted first-quarter gross domestic product that was better than expected.

The bank predicted the EV will hit 685 million Chinese yuan in net profit by the end of 2026, versus its prior expectation of about 810 million yuan by 2028.

 

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