Stocks Undercut by Hawkish Fed Despite ‘Exploratory’ U.S.-Russia Peace Talks

From Nasdaq: 2025-02-18 12:51:18

The S&P 500, Dow Jones, and Nasdaq are down slightly today. Markets are hopeful for an end to the Russian-Ukraine war after peace talks. Fed comments on inflation impact yields. Bullish sentiment remains strong, with fund managers’ cash levels at a decade low. Economic data supports holding interest rates.

Overseas markets are mixed, with Europe and Asia showing varied performance. Bond yields are higher in Europe. Swaps predict an ECB rate cut. Chip stocks like Intel are up, but tech giants Meta and Amazon are down. Chinese stocks gain after Xi Jinping’s tech sector support. Delta Airlines faces a setback, while Medtronic and Southwest Airlines see declines.

Conagra Brands, Medtronic, and Southwest Airlines experience stock declines. Earnings reports for various companies are expected on 2/18/2025. The author, Rich Asplund, has no positions in the mentioned securities. Information provided is for informational purposes only.



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