S&P 500 futures tick higher as investors look ahead to more earnings, inflation data: Live updates

Published On Feb 12, 2025, 6:02 PM

S&P 500 futures showed a slight increase as the market anticipates more corporate earnings and inflation data. While Reddit shares fell over 13% after user figures disappointed, Dutch Bros surged nearly 25% following strong earnings. The market also saw other fluctuations, with a mixed performance from major indices on a day that reflected investors' concerns over rising inflation indicators. Notably, the Dow saw significant losses attributed to a few large companies, including Caterpillar and Home Depot, while other tech stocks like Palantir and Tesla experienced gains.

Stock Forecasts

BROS

Positive

Reddit's significant drop indicates potential challenges for social media platforms facing user growth issues, which could continue to impact sentiment in the tech sector. Conversely, positive performance from Dutch Bros suggests a strong market for companies with solid consumer demand and earnings. Investors should also keep an eye on upcoming producer price index data and jobless claims, as these factors are pivotal for understanding inflation trends and their impacts on consumer spending.

RDDT

Negative

As inflation remains a concern, and with consumer expectations for price increases rising, investors should be cautious. The focus on inflation reports could lead to volatility in the market overall, particularly affecting growth stocks that are sensitive to interest rate changes.

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In addition to a miss on quarterly EPS, Reddit's daily active users in the December quarter hit 101.7 million, less than the 103.8 million expected.

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