Stocks near record highs as investors await Fed minutes, manufacturing update: What to know this week
Published On Feb 16, 2025, 7:45 AM
The S&P 500 reached record highs as positive inflation data raised expectations for potential interest rate cuts by the Federal Reserve in 2025. Investors are awaiting Fed meeting minutes and updates on manufacturing and consumer sentiment. Corporate earnings reports from major companies like Alibaba and Walmart are also anticipated. Notably, AI-related stocks such as Palantir and Super Micro Computer have outperformed significantly in 2025, reflecting the ongoing interest in the sector.
Stock Forecasts
SPY
Positive
The positive outlook for rate cuts and strong corporate earnings may encourage continued investment in the S&P 500 and tech stocks. Stocks that have benefitted from AI trends could also continue performing well, while a potential negative report from Nvidia could impact the market sentiment.
BABA
Positive
As investors focus on corporate earnings, Alibaba and Walmart's reports could influence market confidence and stock movements. Strong earnings may lead to upward price adjustments while disappointing results may impact performance negatively.
PLTR
Positive
With AI stocks trending positively, further investment in companies like Palantir (up 55%) and Super Micro Computer (up over 50%) might attract more investors. These stocks could see continued upward momentum if the current market trends persist.
Related News
This week in Trumponomics: Somebody else's inflation
Feb 15, 2025, 10:00 AM
Trump says a recent uptick in inflation is Biden's fault. Voters won't buy that forever.
Uncertainty About Economic Policy Is Hampering Business Decisions
Feb 15, 2025, 5:02 AM
The lack of clarity about tariffs and other policies could hurt hiring and investing. But the strong U.S. economy should provide a buffer.
Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million
Feb 14, 2025, 7:49 PM
A Nevada business owner prepared and filed false tax returns to fraudulently obtain Covid relief money for her businesses and others, prosecutors said.