Stock futures are little changed on Sunday evening after losing week on Wall Street: Live updates
Published On Feb 23, 2025, 6:05 PM
Stock market futures are experiencing minor movements as Wall Street looks for recovery after a week of losses. The Dow Jones Industrial Average futures increased by 32 points, while S&P 500 and Nasdaq 100 futures slightly edged up. The previous week's downturn saw the Dow falling by 2.51%, the S&P 500 slipping 1.66%, and the Nasdaq declining 2.20%. Investors are closely watching upcoming earnings from Home Depot, Lowe’s, and Nvidia, especially Nvidia, following concerns regarding competition from a new AI model from China. Market indexes, despite the recent drops, are still near record highs. Notably, a report on inflation expected on Friday could further influence market sentiment.
Stock Forecasts
NVDA
Positive
With the upcoming earnings results, especially from Nvidia, the sentiment around AI technology stocks could shift significantly. If Nvidia reports strong earnings despite recent competition concerns, it could potentially boost investor confidence in AI stocks.
HD
Negative
Home Depot and Lowe's earnings may reflect consumer spending trends, with predictions possibly affecting their stock values. If either of the companies post disappointing results, we could see a negative impact on their stock prices.
LOW
Negative
As uncertainty regarding economic growth remains, individuals might be cautious, impacting retail sector stocks negatively. Both Home Depot and Lowe's may struggle if consumer spending appears weak, indicating lower sales and profit margins.
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