Jobless Claims higher than expected, markets lower, but S&P 500 hits record high streak

From Nasdaq: 2025-02-20 10:57:00

Pre-market indexes are starting lower, but the S&P 500 is on a two-day record-closing-high streak. Dow -150 points, S&P 500 -17, Nasdaq -50, Russell 2000 -4. 10-year bond yield +4.511%, 2-year +4.257%. Jobless Claims above estimates at 219K, Continuing Claims at 1.869 million. Philly Fed index at +18.1, highest prices in two years. Walmart beats earnings, Alibaba shares up +12%. TripAdvisor beats earnings, shares down -2.5%. Wayfair posts big earnings miss, shares up +8.5%.

Good news for the economy as Philly Fed index hits second-highest level of the year at +18.1. Walmart exceeds Q4 earnings estimates with $180.55 billion in sales. Alibaba shares increase by +12% following fiscal Q3 earnings. TripAdvisor beats Q4 earnings estimates, shares down -2.5%. Wayfair sees big earnings miss, but shares are up +8.5%.

Jobless Claims come in slightly above estimates at 219K, Continuing Claims at 1.869 million. Philly Fed index beats expectations at +18.1. Walmart surpasses Q4 earnings estimates, Alibaba shares up +12%. TripAdvisor beats Q4 earnings estimates, Wayfair sees big earnings miss but shares up +8.5%.

Investors eyeing key data as pre-market indexes start lower. Jobless Claims at 219K, Continuing Claims at 1.869 million. Philly Fed index at +18.1, Walmart beats Q4 earnings, Alibaba shares soar +12%. TripAdvisor beats earnings, Wayfair posts big miss but shares up +8.5%.

Quarterly earnings reports show Walmart surpassing Q4 estimates, Alibaba shares up +12%. TripAdvisor beats Q4 estimates, Wayfair sees big earnings miss but shares rise +8.5%. Philly Fed index hits second-highest level of the year at +18.1. Jobless Claims slightly above estimates at 219K, Continuing Claims at 1.869 million. Bond yields steady.



Read more at Nasdaq: Jobless Claims Increased More Than Expected