Wall Street: New History Closure for S&P 500 as a market reaction to quarter results

New Historical Closure noted today (22.7.2025) The indicator S&P 500 Wall Streetas investors evaluated the latest corporate results and new trade developments.

Specifically, Wall Street’s broader index rose 0.06%, closing at 6.309.62 points and recording the 11th record for 2025. The 30 -shares Dow Jones ranged by 179.37 points or 0.40%, closing at 44.502.44 points.

On the contrary, the Nasdaq Composite index fell 0.39% and closed at 20,892.68 points, affected by technology losses. It was the first negative meeting for the technological index after seven consecutive upward meetings.

Semiconductor shares (chips) were under pressure, as the negative climate in the industry was reinforced by a Wall Street Journal report, according to which the common work of artificial intelligence of $ 500 billion in Softbank and Openai is facing difficulties in its launch and has restricted its immediate plans.

Broadcom’s stock fell more than 3%, while Nvidia – a favorite of the AI market – dropped more than 2%. Taiwan Semiconductor Manufacturing recorded losses close to 2%.

At the same time, Lockheed Martin’s shares fell almost 11%, as revenue in the second quarter was disappointed in terms of analysts’ estimates. Correspondingly, Philip Morris lost 8%, as it also announced revenue under forecasts for the same period.

However, pressures on technological shares were offset by rise in other market sectors. Investors mainly turned to the health sector, which rose almost 2% to the day. The rise was particularly reinforced by the IQVIA stock, which fired almost 18% after results exceeding profits and revenue estimates, abbot of the S&P 500. In the positive climate, shares such as Amgen and Merck also contributed to the positive climate.

Small capitalization shares were also positive, with the Russell 2000 index rising 0.8%.

So far, 88 companies of the S&P 500 have announced results, with over 82% of them exceeding analysts’ forecasts, according to the Factset. Interest is now focused on companies’ comments about macroeconomic uncertainty, duties, but also demand and costs related to artificial intelligence.

Source link

Leave a Comment