S&P 500 Today: Apple Gains on AI News While Powell’s Rate Stance Dampens Market Sentiment
DuPont De Nemours surged over 7%, leading the S&P 500 at the mid-session after strong earnings and upbeat guidance. Halliburton gained more than 2.7%, benefiting from the energy sector’s strength.
On the downside, Fidelity National Information Services tumbled nearly 16%, making it the worst performer of the day. Leidos Holdings and Super Micro Computer also saw sharp declines, falling over 6% and 5%, respectively.
What’s Next for the Market?
Investors are now focused on key inflation reports due later this week. The consumer price index (CPI) release on Wednesday will provide insight into whether inflation continues to ease, while Thursday’s producer price index (PPI) will offer further clues on pricing pressures.
Earnings growth remains a key driver for stocks, but concerns linger over whether some of this quarter’s strength came at the expense of future estimates. Traders will also be watching for any additional trade developments, as escalating tariffs could impact corporate profitability and global growth expectations.
More Information in our Economic Calendar.