From Nasdaq.: 2025-02-13 12:55:25

Stock indexes are up, with the Nasdaq 100 reaching a 2-1/2 week high. Positive Jan PPI report boosts market as healthcare costs decline. Mixed corporate earnings results; MGM Resorts up +13%, GE HealthCare up +8%, Molson Coors up +5%. US weekly jobless claims fall, producer prices rise. European stocks rally on Ukraine talks. President Trump hints at reciprocal tariffs.

US stock markets are optimistic, with strong Jan PPI figures. Retail sales and manufacturing data awaited. Earnings season sees 77.6% of S&P 500 companies beat estimates. Expectations for a rate cut at the next FOMC meeting are at 2%. Overseas markets show mixed results, with Euro Stoxx 50 at a 25-year high.

Interest rates remain stable as T-notes gain support from European bonds. US economic indicators influence market movements. European government bond yields decline. Swaps predict a rate cut by the ECB in March. Industrial production in Eurozone falls.

Stock movers include MGM Resorts, Intel, and Micron Technology on the rise. AppLovin gains +31%, GE HealthCare up +7%, Molson Coors up +5%. Dutch Bros and HubSpot show strong performances. Cisco Systems raises revenue forecast. Losers include West Pharmaceutical and Trade Desk.

Declining stocks include GXO Logistics, Datadog, Zebra Technologies, Zoetis, and Reddit. Deere & Co forecasts lower sales. Earnings reports scheduled for 2/13/2025 include Airbnb, Ameren Corp, Applied Materials, and more. Author does not hold positions in mentioned securities.



Read more at Nasdaq.: Stocks Supported as PPI Favorable for Fed’s Inflation Measure