S&P 500 futures are little changed after index snaps four-day losing streak: Live updates
Published On Feb 26, 2025, 6:04 PM
The S&P 500 futures were relatively unchanged after breaking a four-day losing streak. Notably, Nvidia reported strong quarterly results, exceeding earnings estimates, which boosted its stock. However, concerns over President Trump's trade policies led to caution among investors. Meanwhile, Salesforce's stock declined due to disappointing revenue. Economic indicators point towards a mixed outlook, and traders are focusing on upcoming jobless claims and inflation reports. Overall, the market is experiencing a cautious sentiment with many investors waiting for clearer guidance amidst recent volatility.
Stock Forecasts
NVDA
Positive
Nvidia continues to show strong performance based on robust earnings and future growth prospects in AI. Despite slight after-hours losses, the long-term outlook remains positive due to demand stability in the tech sector.
CRM
Negative
Salesforce faces a challenging short-term outlook due to missed revenue expectations and lower guidance. This could lead to further downward pressure on its stock in the near future as investors reassess growth forecasts.
SPY
Neutral
The S&P 500 is in a cautious phase as economic factors and trade policies create uncertainty. A breakup above recent technical resistance may provide a better investment entry point, but at present, the bearish sentiment still lingers, suggesting a trading environment conducive to shorts.
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