Wall Street drifted to a mixed close as drops for Ford Motor and Qualcomm worked against buoyant fashion and cigarette stocks. The S&P 500 rose 0.4% Thursday following healthy gains for stock markets across much of Europe and Asia.

Wall Street is drifting Thursday as gains for fashion brands and cigarette makers help offset drops for Ford Motor and Qualcomm.

Wall Street experiences mixed performance as fashion and tobacco stocks surge, while automotive and tech sectors face challenges.

Arm Holdings (ARM) delivered a strong third-quarter 2025 earnings report, showcasing impressive revenue growth and bright performance in its

Chip designer Arm Holdings ADR (NASDAQ:ARM) posted a stronger-than-expected quarterly profit but said it no longer expects to hit the upper end of its guidance, resulting in a narrower outlook. Shares fell roughly 5% in premarket trading Thursday.

Chip designer Arm Holdings (NASDAQ:ARM) reported stronger-than-expected third-quarter earnings, but its muted outlook for the current quarter led to a more than 5% drop in after-hours trading. The company posted