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U.S. Stocks Surge Amid Tech Optimism, Ulta's Profit Boost

3/14/2025

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Story summary
  • U.S. stocks rallied on Friday, with the S&P 500 up 2.1%, yet marked a fourth weekly decline.
  • Ulta Beauty shares jumped 13.7% after reporting robust quarterly profits, despite cautious outlooks.
  • The Nasdaq and Dow gained, fueled by optimism in tech and AI sectors.
  • Global markets, including Europe and Asia, rose due to supportive actions from China's financial regulators.