The Dow Jones Industrial Average is set to achieve a golden cross today, a potentially bullish sign for the index. Golden crosses happen when the short-term moving average of a stock or index passes its long-term moving average,

Stock futures are little changed Thursday as investors digest quarterly results from major companies and await further developments in President Donald Trump's feud with Federal Reserve Chair Jerome Powell.

The S&P 500 rose 0.1%, while the Dow Jones Industrial Average added 151 points, or 0.3%. The Nasdaq Composite gained 0.2%, continuing its upward momentum for the week. PepsiCo shares surged over 5% after the company posted earnings that beat analyst forecasts.

U.S. stocks were higher in afternoon trade, with the blue-chip Dow Jones Industrial Average up about 120 points, as investors cheered relatively robust economic data emerging in the weeks before President Trump's next tariff deadline.

Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.

June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.

The S & P 500 climbed 0.5% Thursday, beating the all-time high it set last week. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite gained 0.7%.

McDonald's ( MCD 0.45%) had the unfortunate distinction of posting the Dow Jones Industrial Average's worst stock performance in June. The shares dropped 6.9% during the month.