U.S. Stock Market Summary for Wednesday, February 5, 2025
Major Indices Performance: S&P 500 : Increased by 0.39%, closing at 6,061.48. Dow Jones Industrial Average : Rose by 0.71%, ending at 44,873.28. Nasdaq 100 : Advanced by 0.42%, finishing at 21,658.16. Russell 2000 : Gained 1.14%, closing at 2,316.23. Market Overview: The U.S. stock market ended higher on Wednesday, with most sectors showing strength despite weak earnings from key technology firms. Treasury yields fell to their lowest level of 2025 following disappointing U.S. service sector data. Approximately 350 companies within the S&P 500 closed higher, led by Nvidia, which surged over 5% after Super Micro Computer announced the production readiness of data center servers equipped with Nvidia’s Blackwell platform. Super Micro Computer also climbed nearly 8%. However, Google saw its biggest single-day drop in a year, while AMD declined 6.3% due to weaker-than-expected data center revenue. Investors remain cautious amid concerns over economic uncertainty, trade...