American stock futures barely left after the major index after a weak income from retail giant Walmart (WMT) during market hours.
S&P 500 (ES = F), Nasdaq (NQ = F), and Dow Jones Industrial Average (YM = F) futures associated with the major gauge futures are all hovering around the baseline.
8:14:04 PM as EST. The market opened.
Nq = f ES = F YM = f
President Donald Trump’s tariff continued to leave retailers and consumers who will be affected in the coming months. Walmart’s warning on its 2025 approach gave birth to a broad market recession on Thursday, and the company cited tariff uncertainty as a factor.
Walmart’s CFO told Yahoo Finance that the price hike for electronics and general merchandise would be passed on the consumer if tariffs affect the lower line of the retail legend.
Friday is a slow day for economic data release, the earnings are very low on the menu. Information about the sale of the existing house of January will provide a glimpse in the housing market, while a reading on consumer spirit is also from Michigan University.
In individual movements, Energy Drink Company Celsius Holdings (CELH) Stock scared more than 35% trading in an hour’s trade, as the company announced that it would buy competitive drink maker Alani Nutrition for $ 1.8 billion.
Meanwhile, the shares of Dropbox (DBX) slipped more than 6% in extended trading as the cloud storage company said the customer development slowed down.
Meta (Meta) makes headlines in the year of profit in a record-setting year. On Thursday, it was reported that Tech giants are cutting equity awards for the majority of their employees. Stock options for social media giant employees will see a cut of about 10% for 2025.
coming soon
Stock Market Coverage for Friday, 21 February, 2025
