Market indexes close strong, boosted by positive economic data and better-than-expected earnings reports.

From Nasdaq: 2025-02-05 18:22:00

Market indexes closed strong today, with the Dow up +317 points, S&P 500 up +0.39%, Nasdaq up +0.19%, and Russell 2000 up +1.14%. Economic data was mixed, with ADP private-sector payrolls beating expectations and the U.S. Trade Deficit hitting a three-year low. Quarterly earnings from QCOM, F, and ARM all surpassed expectations.

Tomorrow, expect Weekly Jobless Claims and Q4 Productivity data. Earnings reports from Eli Lilly and ConocoPhillips will be released before the opening bell, with Amazon to follow. For potential stock picks set to double, check out the latest recommendations from Zacks Investment Research.



Read more at Nasdaq: Markets Jump Ahead of the Close; QCOM, F, ARM Beat Estimates After