financetom
Market
financetom
/
Market
/
US Equities Markets End Mixed Thursday Ahead of Amazon Earnings
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Equities Markets End Mixed Thursday Ahead of Amazon Earnings
Feb 6, 2025 1:20 PM

04:01 PM EST, 02/06/2025 (MT Newswires) -- US benchmark equity indexes ended mixed Thursday as traders evaluated the latest corporate earnings and awaited Amazon.com's ( AMZN ) results after the closing bell, along with Fortinet ( FTNT ) , Cloudflare ( NET ) , and Take-Two Interactive Software ( TTWO ) .

* US initial jobless claims last week rose to 219,000 from an upwardly revised 208,000 in the previous week, compared with expectations for 213,000 in a survey of analysts compiled by Bloomberg.

* "The data continues to reflect a labor market trending sideways," Jefferies US economist Thomas Simons said in a note. "Demand is soft, but there is also little imperative for businesses to shed payroll via layoffs."

* Outplacement firm Challenger, Gray & Christmas said companies planned to cut 49,795 jobs in January, up from 38,792 in December but below 82,307 a year earlier. The current month's level is the lowest for a January report since 2022.

* March West Texas Intermediate crude oil closed down $0.51 to settle at $70.52 per barrel, while April Brent crude, the global benchmark, was last seen down $0.37 to $74.24 as U.S. inventories rose.

* Tapestry (TPR) shares jumped 12% and Ralph Lauren ( RL ) climbed 9.7%. The luxury fashion companies raised their full-year revenue outlooks after logging stronger-than-projected sales in the holiday quarter.

* Honeywell International ( HON ) shares fell 5.6%. The industrial conglomerate announced plans to split into three publicly listed entities and issued a downbeat full-year outlook despite beating market expectations in Q4.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Russian rouble little changed vs US dollar as analysts urge caution
Russian rouble little changed vs US dollar as analysts urge caution
Feb 19, 2025
MOSCOW, Feb 19 (Reuters) - The Russian rouble was little changed against the U.S. dollar on Wednesday as investors awaited further developments on talks between Moscow and Washington on ending the war in Ukraine. At 0830 GMT, the rouble was up 0.3% at 91.25 against the dollar on the Moscow Exchange, close to a five-month high reached last week. But...
Crude Oil Prices Rise on Mounting Concerns About Supply Disruptions in U.S., Russia
Crude Oil Prices Rise on Mounting Concerns About Supply Disruptions in U.S., Russia
Feb 19, 2025
05:14 AM EST, 02/19/2025 (MT Newswires) -- Crude oil prices extended gains early on Wednesday as concerns mounted about oil supply disruptions in the U.S. and Russia. Brent crude rose 0.7% to US$76.34/barrel and West Texas Intermediate crude gained 0.7% to US$72.38/b at last look. Oil flows through the Caspian Pipeline Consortium dropped by 30% to 40% following a Ukrainian...
Analog Devices, Philips And 3 Stocks To Watch Heading Into Wednesday
Analog Devices, Philips And 3 Stocks To Watch Heading Into Wednesday
Feb 18, 2025
With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Analog Devices Inc. ( ADI ) to report quarterly earnings at $1.54 per share on revenue of $2.36 billion before the opening bell, according to data from Benzinga Pro. Analog Devices ( ADI )...
S&P 500 Settles At Record High Ahead Of Fed Minutes: Investor Sentiment Improves, Fear & Greed Index Moves To 'Neutral' Zone
S&P 500 Settles At Record High Ahead Of Fed Minutes: Investor Sentiment Improves, Fear & Greed Index Moves To 'Neutral' Zone
Feb 19, 2025
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index moved to the “Neutral” zone on Tuesday. U.S. stocks settled higher on Tuesday, with the S&P 500 closing at a record high level during the session as investors monitored recent geopolitical developments and anticipated the release of the latest FOMC minutes on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved