Mixed day for U.S. stock markets with Nasdaq and S&P 500 up, Dow down

From Zacks Investment Research: 2025-02-07 03:44:14

U.S. stock markets closed mixed on Thursday, awaiting key labor market data for January. The S&P 500 and Nasdaq ended in positive territory, while the Dow closed in the negative zone. The Dow Jones Industrial Average fell 0.3%, the Nasdaq Composite rose 0.5%, and the S&P 500 increased by 0.4%. Notably, 15 components of the Dow closed positively. Eli Lilly reported adjusted earnings per share of $5.32, Philip Morris International reported EPS of $1.55, and XPO Inc. reported earnings of $0.89 per share. Economic data included a 1.2% increase in labor productivity and a 3.0% rise in unit labor costs for the fourth quarter of 2024.



Read more at Zacks Investment Research: Stock Market News for Feb 7, 2025 – February 7, 2025