From Nasdaq: 2025-02-12 18:03:00

Market indexes rebounded today after a dip due to higher-than-expected Consumer Price Index numbers, signaling a stronger economy. The Dow closed down -225 points, S&P 500 down -16 points, Nasdaq up +6 points, and Russell 2000 down -19 points. Fed Chair Powell reiterated the solid economy in testimony to lawmakers.Earnings reports post-close: CSCO beat earnings estimates, MGM exceeded expectations with +8.5% gains, and APP reported strong Q4 results with +20% gains. Zacks names a top semiconductor stock with massive growth potential in AI, ML, and IoT, as the global semiconductor market is projected to reach $803 billion by 2028.



Read more at Nasdaq: Markets Fight Back from Deep Selloff; APP Kills in Q4