Tech giants Alphabet and AMD report disappointing earnings, causing stock indexes to fall

From Nasdaq: 2025-02-05 12:09:04

Stock indexes, including the S&P 500, Dow Jones, and Nasdaq, are down due to disappointing earnings from tech giants like Alphabet and Advanced Micro Devices. US-China trade tensions also weigh on markets, with tariffs imposed on both sides. Positive labor market data contrasts with a widening trade deficit, impacting GDP.

Earnings season sees companies like Qualcomm and Amazon reporting soon. Analysts estimate S&P 500 earnings grew by +7.5% y/y in Q4. Overseas markets show mixed results, with European bond yields lower. ECB is expected to cut rates in March. US stock movers include Alphabet, AMD, Apple, FMC, Match Group, and Uber, facing challenges in various sectors.

Interest rates fall as bond yields decline, T-notes rally, and Fed signals steady policy. European government bonds also see lower yields. Eurozone PPI data matches expectations. Companies like Mattel and Johnson Controls see gains, while others like Chipotle, Harley-Davidson, and UnitedHealth Group face losses. Overall, earnings reports and market dynamics drive stock movements.



Read more at Nasdaq: Stocks Fall on Disappointing Earnings from Alphabet and AMD