Mumbai, Jan. 28 -- The Nasdaq jumped 215.74 points (0.9%) to a nearly three-month closing high of 23,817.10, and the S&P 500 climbed 28.37 points (0.4%) to a record closing high of 6,978.60.

The Dow ended the session off its lows but still dropped 408.99 points (0.8%), to 49,003.41. Broader market strength came as investors looked ahead to earnings from major tech firms like Microsoft, Apple, and Meta. Microsoft shares climbed 2.2%, Apple rose 1.1%, and Meta edged higher. Optimism was also supported by upbeat results from General Motors and UPS.

However, UnitedHealth plunged 19.6%, dragging on the Dow, after issuing weaker revenue guidance despite slightly better-than-expected earnings. The decline was exacerbated by a Trump administrat...