Latest news with #NYSES&P500
CNBC
16 hours ago
- Business
- CNBC
S&P 500 futures are little changed as benchmark closes in on all-time high: Live updates
Traders work at the New York Stock Exchange on June 23, 2025. NYSE S&P 500 futures sat near flat Thursday night with investors on all-time high watch and awaiting inflation data. Futures tied to the broad index traded around their flatline, as did Nasdaq 100 futures . Dow Jones Industrial Average futures added 33 points, or 0.1%. Thursday night's action comes as traders wait to see if the S&P 500 can rise to new records. The broad index climbed 0.8% to finish the trading day at 6,141.02, bringing it only a few points away from the intraday all-time high of 6,147.43 reached in February. The Nasdaq Composite jumped nearly 1%, also coming within striking distance of a fresh record. The Dow popped about 0.9%. "The markets were in a sense of stasis," said Rick Rieder, BlackRock's chief investment officer for global fixed income, on CNBC's "Closing Bell." "There is so much money that wants to come into the market that didn't for a while. And I just think if you don't have any negative news, the natural gravitational pull is across all these assets." Those gains have pushed the Dow and S&P 500 up more than 2% this week. The Nasdaq has jumped more than 3%. Investors will watch Friday for data from the May reading of personal consumption expenditures price index due in the morning. Economists polled by Dow Jones expect the index to tick 0.1% higher on the month and 2.3% from a year ago. So-called core PCE is slated to rise 0.1% from April and 2.6% from 12 months earlier. Beyond the inflation reading, traders will also monitor data on personal income, consumer spending and consumer sentiment. Futures tied to the Dow, S&P 500 and Nasdaq 100 all sat near flat shortly after 6 p.m. ET. — Alex Harring
CNBC
3 days ago
- Business
- CNBC
S&P 500 futures are little changed as index nears all-time high: Live updates
Traders work at the New York Stock Exchange on June 18, 2025. NYSE S&P 500 futures are near flat Tuesday night as investors watch to see if the benchmark index can return to its all-time high. Futures tied to the broad index ticked down 0.1%, as did Nasdaq 100 futures . Dow Jones Industrial Average futures lost 34 points, or 0.1%. The S&P 500 jumped more than 1% in Tuesday's session as oil prices fell on bets that the ceasefire between Iran and Israel could last. With that gain, the index now sits less than 1% off its record high. The Nasdaq Composite also popped more than 1%, while the Dow rallied more than 500 points. The Nasdaq 100 added 1.5% to end at a record closing level. Oil prices have cratered over the past two days, with West Texas Intermediate crude futures dropping 6% Tuesday. These declines have helped lift stocks. The Israel-Iran conflict marks the latest obstacle the market has seemingly shaken off this year. Traders hoped that a delicate ceasefire between the two nations — and announced by President Donald Trump — would hold. Even as investors worry about variables like a resurgence of inflation tied to tariffs and the strength of the consumer, U.S. stocks have continually rebounded from dips over recent months. "The market continues to drive higher," said Joe Terranova, senior managing director for Virtus Investment Partners, on CNBC's "Halftime Report." "I use the world 'resiliency'; I will use that word over and over again because this is one of the most resilient markets that I have ever witnessed." Investors will watch Wednesday for data on new home sales due in the morning. They'll also monitor Federal Reserve Chair Jerome Powell as he speaks before the Senate Banking Committee. On the earnings front, traders will follow quarterly reports from General Mills , Paychex and Micron . Futures tied to the Dow, S&P 500 and Nasdaq 100 were all little changed shortly after 6 p.m. ET Tuesday night. — Alex Harring
CNBC
28-05-2025
- Business
- CNBC
S&P 500 futures rise after Nvidia posts earnings beat: Live updates
Traders work on the floor of the New York Stock Exchange on May 28, 2025. NYSE S&P 500 futures rose Wednesday night, buoyed by a strong earnings report from artificial intelligence heavyweight Nvidia . Futures tied to the broad market index rose 0.3%, while Nasdaq 100 futures gained 0.5%. Dow Jones Industrial Average futures slipped 15 points. Nvidia shares jumped more than 4% in after-hours trading. The chipmaker reported exceeded expectations on the top and bottom lines in the first quarter, as its data center business recorded year-over-year growth of 73%. "Wednesday's Nvidia earnings report is pivotal not just for Nvidia but for the entire stock market, as it can rejuvenate investor optimism across the board and help investors to focus on the power of AI and less on headlines out of Washington on tariffs and taxes," said James Demmert, chief investment officer of Main Street Research. Separately, Salesforce shares rose about 1% after the software company posted better-than-expected fiscal first-quarter results and lifted its full-year forecast. Stocks are coming off of a lackluster session Wednesday. The S&P 500 ended the day almost 0.6% lower, while the tech-heavy Nasdaq Composite lost 0.5%. The Dow Jones Industrial Average fell nearly 245 points, or 0.6%. Major U.S. indexes are on track to close the week—and month—higher, however. The S&P 500 and 30-stock Dow are up 1.5% and 1.2% this week, respectively, while the Nasdaq has rallied nearly 2%. The tech sector has surged more than 10% in May, fueled by AI announcements from Big Tech player Alphabet . This month, the S&P 500 has gained 5.7%. The Dow has added 3.5%, while the Nasdaq has jumped 9.5%. The surge in stocks comes after President Donald Trump on Sunday walked back his threat to implement a 50% tariff on the European Union on June 1, delaying the date to July 9. Although investors cheered the news, critiques of Trump's tariffs have emerged given their wild effect on markets.
