From Zacks Investment Research: 2025-05-22 19:00:00

Market indexes were affected by high bond yields but moderated from yesterday. The Dow, S&P 500, and Russell 2000 finished flat, while the Nasdaq closed up 0.28%. WorkDay posted strong Q1 earnings but cut capex spending, resulting in a 5% drop in shares. Deckers Outdoor beat earnings and revenue expectations but plummeted 11% due to weak guidance. Intuit surpassed earnings and sales expectations for Q3, with shares up 5% in late trading. Ross Stores beat earnings estimates but guided lower for the next quarter, causing shares to fall 9%. AutoDesk reported strong Q1 earnings and guidance, leading to a 5% gain in late trading.



Read more at Zacks Investment Research: Markets Mostly Flat; Big Afternoon for Earnings: WDAY, DECK, INTU & More – May 22, 2025