U.S. stock futures showed little movement early on February 21, 2025, following a decline in major averages after Walmart issued a disappointing earnings forecast. The Dow Jones Industrial Average futures dropped 14 points, while S&P 500 futures fell 0.09%. Investors are closely monitoring economic data releases scheduled for Friday, which could influence market direction.
- Traders active on NYSE floor.
- Walmart's earnings forecast impacts markets.
- Dow futures down slightly, S&P 500 lower.
- Market sell-off attributed to inflation concerns.
- Economic data may influence market direction.
- S&P 500 shows slight week-to-date gain.
On February 20, 2025, the stock market experienced a notable sell-off, with the Dow Jones Industrial Average losing 450.94 points, or 1.01%. The S&P 500 and Nasdaq Composite also faced declines, losing 0.43% and 0.47%, respectively. Walmart’s stock fell by 6.5%, contributing to investor concerns about inflation and other market pressures.
Key statistics from the market’s recent performance include:
- Dow Jones Industrial Average: -1.01%
- S&P 500: -0.43%
- Nasdaq Composite: -0.47%
Art Hogan, chief market strategist at B. Riley Wealth Management, suggested that the market’s fears may have been exaggerated. He indicated that upcoming economic data, including purchasing managers’ index readings and existing home sales for January, could provide clarity on market sentiment. Hogan noted that if the data aligns with expectations, it may attract buyers looking to recover losses.
As of the week-to-date, the S&P 500 is on track for a slight gain of less than 0.1%, while the Nasdaq Composite has decreased by 0.3%. The Dow is underperforming, with a projected loss of 0.8% for the week. Investors are urged to remain vigilant as economic indicators are released, which could significantly influence trading patterns.
In summary, U.S. stock futures remained stable amid a backdrop of recent market declines, primarily influenced by Walmart’s earnings forecast. Key economic data expected to be released on Friday may provide insights into market trends and investor sentiment.
