Markets had mixed day, with some indices up and others down, earnings results varied
From Nasdaq: 2025-05-14 18:20:00
On Wednesday, markets had a mixed day with the Dow down -0.14%, the S&P 500 up +0.07%, the Nasdaq up +0.59%, and the Russell 2000 down -0.74%. Bond yields have been rising, with the 10-year at +4.54% and the 2-year at +4.06%. Cisco beat earnings estimates and raised guidance, with shares up +3.8%. AI provider CoreWeave missed estimates by a wide margin, reporting -$1.40 per share.
Tomorrow, economic reports include Retail Sales, PPI, Empire State and Philly Fed surveys, Industrial Production, and more. Earnings expected from Walmart, Alibaba, Deere & Co., and Birkenstock. The first quarter earnings season is coming to a close, with companies facing challenges but generally holding up well in the uncertain global trade environment.
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Read more at Nasdaq: Markets Mixed on Uneventful Trading Day