---
title: "US Stocks Edge Higher; Delta Air Lines Posts Upbeat Q2 Earnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292330515.md"
description: "US stocks edged higher with the Dow, Nasdaq, and S&P 500 posting slight gains. Delta Air Lines reported upbeat Q2 earnings, beating estimates on both EPS and revenue, and raised its Q3 guidance. In sector performance, communication services rose 0.9% while healthcare fell 0.8%. Several small-cap stocks saw significant volatility, with Global Mofy AI surging 174% and eLong Power dropping 47%. Commodities were mixed, with oil up and gold down."
datetime: "2026-07-10T13:44:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292330515.md)
  - [en](https://longbridge.com/en/news/292330515.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292330515.md)
---

# US Stocks Edge Higher; Delta Air Lines Posts Upbeat Q2 Earnings

U.S. stocks traded mostly higher this morning, with the Dow Jones index gaining around 0.1% on Friday.

Following the market opening Friday, the Dow traded up 0.09% to 52,532.82 while the NASDAQ rose 0.07% to 26,224.37. The S&P 500 also rose, gaining, 0.11% to 7,552.11.

**Leading and Lagging Sectors**

Communication services shares jumped by 0.9% on Friday.

In trading on Friday, health care stocks fell by 0.8%.

**Top Headline**

**Delta Air Lines Inc** (NYSE:DAL) reported better-than-expected earnings for the second quarter.

The company posted quarterly earnings of $1.56 per share which beat the analyst consensus estimate of $1.47 per share. The company reported quarterly sales of $19.757 billion which beat the analyst consensus estimate of $17.532 billion.

Delta Air Lines said it sees third-quarter adjusted EPS of $2.00-$2.50, versus market estimates of $1.99.

**Equities Trading UP**           

-   **Global Mofy AI Ltd (NASDAQ:GMM)** shares shot up 174% to $5.07.
-   Shares of **Jiuzi Holdings Inc** (NASDAQ:JZXN) got a boost, surging 85% to $2.17 after the company announced plans to sign a cooperation agreement with a company specializing in AI intelligent imaging and data platform technologies.
-   **Haoxi Health Technology Ltd (**NASDAQ:HAO) shares were also up, gaining 66% to $1.78.

**Equities Trading DOWN**

-   **eLong Power Holding Ltd (**NASDAQ:ELPW) shares dropped 47% to $0.30 as the company priced registered offering of 16.5 million units at $0.40 per unit.
-   Shares of **707 Cayman Holdings Ltd (**NASDAQ:JEM) were down 42% to $0.65 after the company announced a 12-for-1 share consolidation.
-   **Virax Biolabs Group Ltd** (NASDAQ:VRAX) was down, falling 25% to $4.78. Yesterday, the company announced it signed a $3.3 million agreement for the immediate exercise of 548,000 shares at $6 per share.

**Commodities**  
  
In commodity news, oil traded up 0.8% to $72.67 while gold traded down 0.7% at $4,112.00.

Silver traded down 1.5% to $59.835 on Friday, while copper fell 0.1% to $6.2595.

**Euro zone**

European shares were mixed today. The eurozone’s STOXX 600 rose 0.1%, while Spain’s IBEX 35 Index rose 0.3%. London’s FTSE 100 rose 0.1%, Germany’s DAX fell 0.1%, while France’s CAC 40 slipped 0.1%.

**Asia Pacific Markets**

Asian markets closed mixed on Friday, with Japan’s Nikkei 225 gaining 1.20%, Hong Kong’s Hang Seng index rising 0.60%, China’s Shanghai Composite dipping 1% and India’s BSE Sensex gaining 1.08%.

**Economics**

The Baker Hughes total rigs count report will be released today.

_Photo via Shutterstock_

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