From Nasdaq: 2025-02-18 19:01:45

The S&P 500, Dow Jones, and Nasdaq all fell slightly on Tuesday, with futures showing mixed movements. Hopes for peace in Russia-Ukraine war lifted stocks, but a rise in 10-year T-note yield and hawkish Fed comments weighed on the market. Investors are optimistic, with low cash levels and high risk tolerance.

Fed officials Waller and Daly hint at holding off on rate cuts until more progress on inflation. Market awaits FOMC meeting minutes release. Strong bullish sentiment persists despite concerns about overvaluation. US homebuilder confidence dips due to high rates and construction costs. Overseas markets show mixed performance.

Interest rates rise as Fed comments dampen rate cut hopes. European bond yields increase on defense spending concerns. Swaps predict a rate cut by the ECB. Chip stocks surge, led by Intel, amid reports of potential deals. Tech stocks mixed; Chinese tech stocks benefit from regulatory relief. Delta Airlines, Medtronic, Southwest Airlines, and Conagra Brands face challenges.

Earnings reports from Garmin Ltd, Charles River Labs, Trimble Inc, Analog Devices, and others expected on 2/19. Author Rich Asplund does not hold positions in mentioned securities. Market data provided for informational purposes only.



Read more at Nasdaq: Stocks Edge Lower as T-note Yields Rise on Hawkish Fed Comments