On the trading floor of the New York Stock Exchange, traders were busy during the morning session on February 19, 2025. Stock market futures showed a positive trend as Wall Street aimed to recover from a recent downturn.
Futures for the Dow Jones Industrial Average rose by 220 points, or 0.51%. The S&P 500 futures increased by 0.54%, and Nasdaq 100 futures were also up by 0.53%. This uptick followed a tough end to the previous week, with the stock market facing declines on Thursday and Friday. The Dow dropped 2.51%, marking its worst weekly performance since October. The S&P 500 and Nasdaq Composite fell by 1.66% and 2.51%, respectively.
Looking ahead, this week is important for investors as key corporate earnings reports are coming out. Reports from Home Depot and Lowe’s on Tuesday and Wednesday will provide insight into consumer spending in the U.S. The earnings report from Nvidia on Wednesday evening is highly anticipated. Known for its role in artificial intelligence, Nvidia’s performance will be closely watched, especially after recent news about competition from a Chinese company called DeepSeek.
Lale Akoner, a market analyst, noted that investors are eager to see how this news might affect companies like Nvidia in the future. On Friday, the personal consumption expenditures index will be released, which is the Federal Reserve’s favored measure of inflation.
Last week’s market drop raised concerns about U.S. economic growth, but it’s worth noting that the major indexes are still within 4% of their all-time highs. Investors are keeping a close eye on these developments to shape their strategies moving forward.
Source link
Breaking News: Markets,Stock markets,Markets,United States,Dow Jones Fut (Mar'23),S&P 500 Fut (Mar'23),NASDAQ 100 Fut (Mar'23),Dow Jones Industrial Average,S&P 500 Index,NASDAQ Composite,business news
