Leading indexes on the American stock exchanges rose on Thursday, mainly thanks to increases in some of the major technology companies. Other industries, including the healthcare sector, pulled downwards.
IT companies Oracle and Alphabet, Google's parent company, rose 1.9 and 2.0 percent respectively.
Nvidia, on the other hand, fell back, down 0.8 percent, despite Wednesday's interim report where the chip manufacturer reported better results than expected. However, the sales of the company's AI chips increased less than the analysts had predicted.
Clothing chain Urban Outfitters fell sharply after the company in its quarterly report warned that the Trump administration's announced tariffs would deteriorate the company's profit margins in the second half of the year. The stock plummeted 10.7 percent.
The broad S&P 500 index rose 0.3 percent, the technology-heavy Nasdaq composite index went up 0.5 percent and the Dow Jones industrial index increased 0.2 percent.
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