S&P 500 futures are flat after market stages a comeback rally fueled by hopes for tariff concessions: Live updates
Published On Mar 5, 2025, 6:05 PM
The stock market experienced volatility with mixed futures as traders reacted to economic news and tariff updates from President Trump. After some gains, major indexes like the Dow Jones and S&P 500 still remain down for the week. Market strategists note concerns over growth, inflation, and political uncertainty impacting investor sentiment. Key economic reports on jobless claims and upcoming earnings from companies like Macy's, Broadcom, and Costco are anticipated to influence future market performance.
Stock Forecasts
SPY
Positive
The news about potential tariff concessions from the White House has positively impacted market sentiment, potentially leading to a short-term rally. However, ongoing concerns about inflation and growth challenges could weigh on the markets moving forward.
MRVL
Negative
With Marvell Technology's shares dropping sharply after mixed quarterly results and conservative guidance, this suggests a negative outlook for the stock in the short term. Investors may want to be cautious about entering this stock now.
ZS
Positive
Zscaler's significant jump after posting strong earnings reflects positive investor sentiment and momentum that could continue driving the stock higher in the near term. This company is well-positioned in the cloud security market.
VSCO
Negative
Victoria's Secret's revenue guidance falling short of analysts' expectations could lead to continued sell-off pressure on the stock, suggesting a bearish outlook in the short term.
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