Traders enactment connected the level of the New York Stock Exchange connected Dec. 11, 2025, successful New York City.
Spencer Platt | Getty Images
Futures tied to Dow Jones Industrial Average and S&P 500 were higher Thursday nighttime aft beardown gains successful worth areas of the marketplace pushed some indexes to caller records.
Dow futures added 112 points, oregon 0.2%. S&P futures roseate astir 0.1%, portion Nasdaq 100 futures slipped little than 0.1%.
Chipmaker Broadcom fell astir 5% successful extended trading adjacent aft it bushed fourth-quarter expectations and gave a beardown forecast for the existent quarter, saying AI spot income look to double. Lululemon shares jumped 10% aft the diversion apparel retailer announced that its CEO volition measurement down astatine the extremity of January, pursuing mediocre show for the institution implicit the past year.
Investors connected Thursday poured into cyclical stocks that are considered much delicate to the economy, portion taking profits successful growth-oriented names tied to the artificial quality trade. The determination comes aft the Federal Reserve connected Wednesday chopped involvement rates for the 3rd clip this year.
The 30-stock Dow and S&P 500 closed astatine grounds levels successful the erstwhile session, portion the Nasdaq Composite ended the time 0.3% little arsenic high-flying tech stocks specified arsenic Alphabet and Nvidia dropped. The Dow, which climbed 646 points, oregon 1.3%, was lifted by a 6% emergence successful Visa and coagulated gains successful Nike and UnitedHealth Group.
"The Dow had a large time and, if the inclination continues, it could beryllium the opening of the broadening-out trade," said Chris Zaccarelli, main concern serviceman astatine Northlight Asset Management. "The cardinal to the bull marketplace continuing is the remainder of the marketplace (the truthful called 493) rising adjacent without the assistance of the Magnificent 7 — and if the baton tin beryllium passed and the rally tin broaden retired past we wouldn't beryllium amazed to spot a rally into twelvemonth extremity and into the opening of adjacent year."
This week, the S&P 500 is up 0.45% and the 30-stock Dow is up astir 1.6%. The Nasdaq is the laggard of the 3 large indexes with gains of little than 0.1%. Small-capitalization companies person outperformed their larger counterparts, meanwhile, with the Russell 2000 index up 2.7% this week aft notching a caller all-time precocious connected Thursday.
Broadcom, Lululemon and Costco are Thursday's biggest after-hours movers
Take a look astatine the stocks moving successful evening trading:
- Broadcom — Broadcom shares fell astir 5% adjacent though the chipmaker exceeded Wall Street's fourth-quarter expectations and said that artificial quality spot income successful the existent 4th should treble from a twelvemonth earlier to $8.2 billion. Broadcom expects first-quarter gross of astir $19.1 billion, which would correspond 28% year-over-year growth, quelling investors' fears astir the spot successful AI demand. Broadcom shares are up 75% twelvemonth to date, with a 15% summation successful the past period alone.
- Lululemon Athletica — Shares of the diversion goods retailer popped astir 10% aft Lululemon announced that its CEO volition permission his post effectual Jan. 31 pursuing much than a twelvemonth of underperformance for the company. Lululemon's committee is moving with a "leading enforcement hunt firm" to place a replacement, the institution said successful a quality release. Shares of Lululemon person cratered astir 51% twelvemonth to date.
- Costco — Costco shares dropped little than 1% successful extended trading. The big-box retailer, which does not supply a full-year outlook, bushed analysts' quarterly expectations arsenic its income roseate 8.2% twelvemonth implicit year.
— Pia Singh
English (US) ·