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US stocks mixed at open as investors digest retail sales, tariff plan
Published on: February 14, 2025, 03:00 PM UTC
Hims & Hers stock surges on Super Bowl ad controversy and Health and Human Services secretary pick. Lilly and Novo Nordisk invest in GLP-1 production amid shortages.
Published on: February 14, 2025, 02:03 PM UTC
US stocks closed higher on Thursday after President Trump announced plans to impose reciprocal tariffs but delayed their implementation, while investors processed another report indicating that inflation remains high. The Dow Jones Industrial Average (^DJI) climbed more than 0.7%, or 350 points, while the S&P 500 (^GSPC) gained over 1% to close at 6,115.06, near its record high of 6,118.71. The tech-heavy Nasdaq Composite (^IXIC) rose more than 1.5% as Nvidia (NVDA) and Tesla (TSLA) rallied.
Published on: February 14, 2025, 02:03 PM UTC
GameStop explores crypto investments, sending shares soaring premarket
Published on: February 14, 2025, 02:02 PM UTC
US stock futures edged lower on Friday as investors assessed a busy week of tariff hikes and inflation updates, with key retail data and earnings reports still to come.
Published on: February 14, 2025, 02:02 PM UTC
Coinbase stock (COIN) declined despite a strong Q4 earnings report, but analysts say the muted reaction overlooks the company's growth potential in a bullish regulatory environment.
Published on: February 14, 2025, 02:02 PM UTC
Moderna stock down 4.5% on mixed Q4 earnings; revenue beats estimates but EPS misses
Published on: February 14, 2025, 02:01 PM UTC
High interest rates could be the biggest enemy of Trump's second term. The Federal Reserve is set to raise short-term interest rates, which will likely send long-term rates higher. This could hurt consumers and businesses, and it could even lead to a credit crunch.
Published on: February 14, 2025, 02:01 PM UTC
Retail sales saw a 0.9% decline in January, impacted by the post-holiday lull and winter weather. Economists had expected a decline of only 0.2%, making this the largest month-over-month drop since January 2024. Sales excluding auto and gas fell 0.5%, while sporting goods and hobby sales saw a decline of 4.6%.
Published on: February 14, 2025, 02:01 PM UTC
Published on: February 14, 2025, 02:00 PM UTC