A trader works connected the level of the New York Stock Exchange connected Sept. 18, 2025.
NYSE
Stock futures are adjacent level Thursday nighttime pursuing a winning league that sent indexes to caller records arsenic the Federal Reserve's determination to chopped involvement rates acceptable successful investors' minds.
Futures tied to the Dow Jones Industrial Average added 51 points, oregon 0.1%. S&P 500 futures and Nasdaq 100 futures each besides roseate 0.1%.
The 3 large averages closed astatine all-time highs and notched caller intraday records connected Thursday. Notably, the tiny cap-focused Russell 2000 surged 2.5%, ending the league astatine a grounds for the archetypal clip since 2021.
"The marketplace is being held afloat by the net numbers," said Aswath Damodaran, a prof astatine New York University's Stern School of Business, connected CNBC's "Closing Bell." "As agelong arsenic the net numbers support coming in, determination is nary catalyst for an adjustment."
"It's not conscionable Big Tech. It's not conscionable tech," helium added. "It's collectively each stocks."
Thursday's moves travel a time aft the Fed cut involvement rates for the archetypal clip this year. Stocks had a volatile league connected Wednesday arsenic investors initially reacted to the cardinal bank's determination and its economical projections.
With Thursday's gains, the Dow and S&P 500 are some connected way to decorativeness the week 0.7% higher. The tech-heavy Nasdaq Composite has climbed 1.5%, portion the Russell 2000 has jumped astir 3%.
There are nary economical reports oregon large net reports scheduled for Friday.
Russell 2000 sees archetypal grounds adjacent since 2021
The tiny cap-focused Russell 2000 recorded its archetypal all-time closing precocious since precocious 2021 connected Thursday. The scale besides deed a caller intraday grounds successful the session.
With Thursday's gain, the scale has jumped 3% week to date. It's connected way to spot its seventh consecutive winning week, which would beryllium its longest rally since precocious 2020.
The Russell 2000
— Alex Harring, Nick Wells
See the stocks moving aft hours
Two well-known stocks were making large moves successful after-hour trading.
FedEx shares popped 5.8% pursuing a better-than-expected net report for the fiscal archetypal quarter. FedEx earned an adjusted $3.83 per stock connected $22.24 cardinal successful revenue. Analysts polled by LSEG forecasted $3.59 per stock and $21.66 billion.
Scholastic, connected the different hand, fell 11%. The steadfast posted a nonaccomplishment per stock of $2.52 for the fiscal archetypal quarter, excluding items, wider than the nonaccomplishment of $2.13 per stock seen successful the aforesaid play a twelvemonth prior.
— Alex Harring
Stock futures are small changed
Futures tied to the Dow, S&P 500 and Nasdaq 100 each ticked astir 0.1% higher soon aft 6 p.m. ET Thursday.
— Alex Harring
English (US) ·