Stock futures are little changed after S&P 500 clinches record high: Live updates
Published On Feb 18, 2025, 6:04 PM
Stock futures remain mostly unchanged following a day of record highs for the S&P 500. The index reached an intraday high of 6,129.63 before closing at 6,129.58, a 0.24% increase. Despite ongoing concerns about inflation and the impact of trade policies, the market showed resilience. In after-hours trading, Arista Networks saw a 4% drop despite strong earnings, while Bumble's stock plunged 18% due to disappointing guidance. Meta Platforms ended its 20-day winning streak with a 2.76% decline.
Stock Forecasts
SPY
Positive
The S&P 500 has shown strong performance, indicating bullish sentiment among investors. However, recent individual stock performances, particularly in tech like Meta and Bumble, reflect underlying volatility. Investors should be cautious in stock selection and might consider ETFs that focus on broader market trends rather than individual names that may experience sharp declines.
BMBL
Negative
Bumble's disappointing guidance could hinder its stock in the short term, and the drop might suggest further bearish sentiment for individuals focusing on growth in online dating. An investor should be wary of this volatility and could consider avoiding or shorting Bumble for the near term.
ANET
Negative
Arista Networks showing a decline despite good results suggests that overvaluation concerns might affect technology stocks moving forward. Investors might approach tech stocks with caution unless they show consistent performance directly aligned with their growth forecasts.
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