Stocks and Investing Stocks and Investing
Thu, February 6, 2025
[ Thu, Feb 06th ] - MSN
An ETF for Every Age: 18 to 35
[ Thu, Feb 06th ] - TechRadar
Shot Scope V5 review
[ Thu, Feb 06th ] - MSN
Trump's Tax Torpedo

Wall St ends higher as investors digest earnings, rate cut prospects


Published on 2025-02-06 07:01:09 - Reuters
  Print publication without navigation

  • All three major stock indexes closed higher on Wednesday, rebounding from declines earlier in the session as investors brushed off disappointing Alphabet earnings and weighed the prospect of future interest rate cuts from the U.

The article from Reuters discusses the performance of U.S. stock futures on February 5, 2025, where Nasdaq futures lagged behind due to disappointing forecasts from major tech companies Alphabet and AMD. Alphabet's shares dropped after it forecasted holiday spending would be lower than expected, impacting its ad revenue. Similarly, AMD's stock fell after it provided a weak outlook for the first quarter, citing reduced demand for its chips. Meanwhile, S&P 500 and Dow Jones futures saw slight gains, supported by positive earnings from other sectors. The broader market sentiment was also influenced by economic indicators suggesting a slowdown in inflation, potentially affecting the Federal Reserve's interest rate decisions. Additionally, the article mentions that investors were digesting a mixed bag of corporate earnings, with some companies beating expectations while others, like Alphabet and AMD, missed the mark, leading to a cautious approach in the tech sector.

Read the Full Reuters Article at:
[ https://www.reuters.com/markets/us/nasdaq-futures-lag-alphabet-amd-slide-after-bleak-forecasts-2025-02-05/ ]