Stocks close higher Thursday as chip, bank stocks rally: Live updates

The major averages climbed Thursday, rebounding from back-to-back losses as chip and bank stocks rallied.

The Dow Jones Industrial Average added 292.81 points, or 0.60% to 49,442.44, boosted by gains in Goldman Sachs and Nvidia. The S&P 500 rose 0.26% to 6,944.47, while the Nasdaq Composite advanced 0.25% to 23,530.02.

The major averages ended the session off their highs. Earlier in the day, the Dow was higher by 431.55 points, or 0.88%. The S&P 500 rose 0.76%, and the Nasdaq had gained 1.06%.

Source: https://www.cnbc.com/2026/01/14/stock-market-today-live-updates.html