Stock market today: S&P 500 rises as Dow, Nasdaq fall with Fed's rate path in focus
Published On Feb 18, 2025, 1:54 PM
U.S. stocks opened mixed after a holiday weekend, with focus on the Federal Reserve's interest rate policies and ongoing discussions about the Ukraine war. The S&P 500 edged towards all-time highs while the Dow and Nasdaq fell slightly. Investors await the release of minutes from the Fed's January meeting for insights on future rate cuts amidst rising inflation fears. Meanwhile, earnings season is underway with significant results expected from major companies, including a revenue decline reported by Baidu.
Stock Forecasts
AAPL
Negative
The strong dollar is putting pressure on tech companies, especially those with substantial foreign revenue. Companies like Apple and Amazon have already issued warnings regarding earnings impact due to foreign exchange issues, likely reflecting negatively on their stock prices moving forward.
SMCI
Positive
Super Micro's stock saw a significant rise, attributed to new business updates that indicate potential growth and avoiding delisting. The focus on AI in their product offering points to a positive investment sentiment around the company.
INTC
Positive
Intel's shares spiked due to reports of strategic interest from major competitors like Broadcom and TSMC. Any serious offer or deal could lead to significant shifts in its market value.
Related News
Stock market today: S&P 500 rises as Dow, Nasdaq wobble with Fed's rate path in focus
Feb 18, 2025, 11:27 AM
Stocks tipped higher to start a holiday-shortened week of trading highlighted by Fed minutes and Walmart earnings.
Intel stock surges on report of Broadcom, TSMC exploring deals that would split up chipmaker
Feb 18, 2025, 10:29 AM
Intel (INTC) stock jumped Tuesday following a Wall Street Journal report that its rivals Broadcom and TSMC are exploring potential deals with the chipmaker that would split it into two.
Stock market today: S&P 500, Nasdaq step higher as focus turns to Fed's rate path
Feb 18, 2025, 10:00 AM
Stocks tipped higher to start a holiday-shortened week of trading highlighted by Fed minutes and Walmart earnings.