The trader works on the floor of the New York Stock Exchange on February 4, 2025.
NYSE
S&P 500 It climbed to third consecutive sessions on Thursday as investors weighed the latest batch of corporate revenue.
The broad market index added 0.36% to 6,083.57, Nasdaq Composite It rose from 0.51% to 19,791.99. Dow Jones Industrial AverageHowever, he lost 125.65 points (0.28%) and closed at 44,747.63.
The semiconductor name slides Qualcomm and arm Each one has dropped by more than 3%. Skyworks Solutions After reporting quarterly results, we lost 24%. Ford Motor It also fell 7% since automakers predicted a difficult 2025.
Honeywell The stock ended its 5% or more break and lowered the Dow after issuing annual revenue guidance that was not as good as analysts had expected. The conglomerate also announced that it will split into three companies.
in contrast, Philip Morris Stocks surged nearly 11% shortly after international tobacco companies reporting better revenue and revenue than expected in the fourth quarter. Stocks have been closed.
“I definitely feel a sense of peculiarity today, which is often seen during the revenue season, when investors focus on the foundations of individual companies.”
Meanwhile, investors appear to have shaken concerns about tariffs that began Monday after President Donald Trump announced a 10% collection of China’s imports over the weekend. Feelings improved after the president suspends his duties on Mexican and Canadian goods.
“It’s not something that affects price action at this point, but I think it will follow investor calculus for a while,” Hill added.
Wall Street is currently awaiting its January employment report. It is scheduled to be released on Friday at 8:30am ET. Voted by Dow Jones, the economist forecasts growth in non-farm payroll of 169,000 people per month, less than the 256,000 jobs added in December.