Stock market today: S&P 500 notches record close with late-session leap
Published On Feb 18, 2025, 4:06 PM
US stocks showed mixed performance on Tuesday, driven by investor caution ahead of possible Federal Reserve policy moves and earnings reports from major companies. The S&P 500 reached a record close with a small gain, while the Treasury yields increased amid uncertainty about interest rate cuts. Noteworthy movements included significant gains for Intel following merger rumors, and a surge for Super Micro Computer as it assured it would avoid delisting. Contrarily, Meta's stock fell, ending its winning streak. Additionally, a strong dollar is beginning to impact earnings across various sectors, particularly in technology.
Stock Forecasts
INTC
Positive
Intel's recent surge due to merger rumors suggests favorable sentiments surrounding its prospects. This could indicate a positive trend, especially if a deal materializes. The ongoing interest in AI and semiconductors also reinforces Intel's market position.
SMCI
Positive
Super Micro Computer's stock increase ties to continued growth in the AI and data center market, fostering a bullish outlook for the company. If they successfully navigate past regulatory challenges, their stock could see further gains.
META
Negative
Meta's recent decline may represent a reversion after an extended rally. The potential halting of its growth trajectory could signal caution around its stock in the short term.
AAPL
Negative
The strong dollar impacting earnings might create headwinds for tech companies, especially those with significant foreign revenues. This could put downward pressure on stocks like Apple, Alphabet, and Microsoft in the coming quarterly results.
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