Stock futures are little changed after S&P 500 posts second straight winning day: Live updates

Published On Jan 6, 2025, 6:01 PM

U.S. stock futures remained relatively flat today after the S&P 500 and Nasdaq posted their second consecutive winning days, propelled by strong performances in chip stocks following Foxconn's record fourth-quarter revenue. Ulta Beauty's stock rose in after-hours trading after the company appointed a new CEO and raised its fourth-quarter guidance. Investors are bracing for potential market volatility in 2025, anticipating major economic reports this week, including job statistics that will impact market performance.

Stock Forecasts

NVDA

Positive

The strong performance in chip stocks, particularly NVIDIA and the VanEck Semiconductor ETF, indicates a positive trend in the semiconductor sector, buoyed by AI server demand. This could suggest continued investment opportunities in this sector.

ULTA

Positive

With Ulta Beauty's recent positive guidance and leadership change, it may present an opportunity for bullish sentiment in the retail and beauty industry, especially if the performance continues to reflect strong sales. Investors may want to keep an eye on its performance after the forecast changes.

TSLA

Positive

Tesla's rising volatility and influence in the market could impact tech stocks broadly, as it competes with NVIDIA and Apple for short positions. Investors should monitor Tesla closely for further developments, as increased volatility may lead to significant price movements.

Related News

Will 2025 be a hinge year for cryptocurrency and will personalised AI appear on your phone?

Chip stocks are rallying amid revived AI hopes, buoying markets in the wait for this week's monthly jobs report.

NVDA
MU
FUBO
SPY

Chip stocks are rallying amid revived AI hopes, buoying markets in the wait for this week's monthly jobs report.

NVDA
MU