On February 13, 2025, traders were busy at the New York Stock Exchange. As of early Wednesday, stock futures stayed mostly steady after a positive trading session.
Futures for the Dow Jones Industrial Average were up by 38 points, just above the zero mark. Meanwhile, S&P futures increased by 0.09%, and Nasdaq 100 futures rose by 0.13%.
In after-hours trading, Arista Networks, a data center company, saw its shares drop by 4%. Even though the company’s quarterly earnings and revenue were better than expected, investors weren’t pleased. Bumble’s stock fell about 18% due to disappointing guidance for the first quarter. Also, homebuilder Toll Brothers slipped nearly 5% after missing earnings and revenue targets.
The recent trading session ended with gains. The S&P 500 reached a new record high, despite ongoing concerns over inflation and trade policies from President Trump. Since the start of the year, the S&P 500 has been hovering around its record level.
On Tuesday, the S&P added 0.24% to close at 6,129.58, after hitting an intraday record of 6,129.63. The Nasdaq Composite increased by 0.07%, finishing at 20,041.26, while the Dow Jones Industrial Average rose by 10 points, or 0.02%, closing at 44,556.34.
Craig Johnson, a market technician at Piper Sandler, commented on the current market conditions. He noted the stock market’s strength this year, as investors remained resilient despite some negative feelings and concerns regarding tariffs and inflation. He added that market conditions might be choppy as investors shift their focus to smaller companies amid falling Treasury yields and a weakening U.S. dollar.
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