U.S. Equities Mixed at Midday
After a record-breaking week for the S&P 500, U.S. equities remained largely unchanged at midday.
Key Highlights:
* American Express's (AXP) 2025 revenue guidance fell short of expectations.
* Verizon Communications (VZ) exceeded forecasts driven by price increases.
* CF Industries Holdings (CF) declined following a downgrade by JPMorgan citing rising natural gas costs.
* NextEra Energy (NEE) led the S&P 500 on news of a potential nuclear plant restart in Iowa.
* Allurion Technologies (ALUR) surged after announcing a study combining its device with obesity drugs.
* Oil futures continued to decline, while gold prices rose.
* The 10-year Treasury note yield fell, and the U.S. dollar weakened against major currencies.
* Cryptocurrencies experienced mixed trading with most showing gains.