Wednesday , 12 February 2025
Home Forex US major indices close mixed. NASDAQ lower. S&P near unchanged, DJIA higher
Forex

US major indices close mixed. NASDAQ lower. S&P near unchanged, DJIA higher

Major indices are closing with mixed results:

  • Dow industrial average rose 123.24 points or 0.28% at 44593.65
  • S&P index rose 2.07 points or 0.03% at 6068.51
  • NASDAQ index fell -70.41 points or -0.36% at 19643.86

The small-cap Russell 2000 was also lower on the day with a decline of -12.23 points or -0.53% at 2275.70.

In other stock specific news:

  • Meta close higher for the 17th consecutive day. Shares rose by $2.40 or 0.33% at $719.80
  • Intel rose by 6.10% on expectations for chip production in the US increasing due to tariffs. Intel is building new production facilities in the US. Shares closed up $1.20 or 6.07% at $20.97

In earnings after the close,

Gilead beat expectations the expectations

  • EPS $1.90 versus expectations of $1.70
  • Revenues $7.57 billion versus expected $7.14 billion
  • Shares are up over 5% in after-hours trading

This article was written by Greg Michalowski at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Will Bank of Japan Governor Ueda rescue the JPY? Speaking at 5 past the hour

Ueda to speak:Bank of Japan Governor Ueda will be speaking Wednesday, February...

Australian Q4 New home lending +1.4% q/q

Australian Q4 2024 data:New housing finance +1.4% q/qThere was a 4.2% q/q...

White House official says 25% steel tariffs would stack on other levies on Canada

A White House official said late Tuesday that US President Donald Trump's...

Bank of Japan Governor Ueda will be speaking Wednesday, February 12, 2025

Bank of Japan Governor Ueda will be in the Japanese parliament This...