A trader works connected the level astatine the New York Stock Exchange successful New York City, U.S., July 24, 2025.
Brendan Mcdermid | Reuters
Stock futures were comparatively unchanged connected Thursday aft the S&P 500 and Nasdaq Composite reached different grounds closing high.
S&P 500 futures traded up 0.1%, on with Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average likewise roseate 50 points, oregon 0.1%.
Thursday marked different affirmative time for the S&P 500 and Nasdaq, arsenic some indexes scored caller all-time intraday and closing highs. That marked the wide marketplace index's 13th grounds adjacent of 2025, 4 of which were recorded this week arsenic the scale finished supra 6,300 for the archetypal clip connected Monday. The Nasdaq, meanwhile, has seen 3 grounds closes this week, breaking the 21,000 threshold connected Wednesday.
While the Dow Jones Industrial Average saw losses Thursday, each 3 large averages are connected gait to decorativeness the week with gains. The 30-stock Dow is tracking for an astir 1% beforehand connected the week, arsenic is the tech-heavy Nasdaq, portion the S&P 500 has risen astir 1.1% week to date.
The travel to all-time highs implicit this past week has been supported by a beardown net season, including Alphabet's better-than-expected net report. Almost 83% of the 155 S&P 500 companies that person reported to day bushed Wall Street's expectations.
"This portion of the rally has to broaden retired oregon go much accordant with what we've seen from the broader marketplace successful bid to support going different limb higher," said Keith Buchanan, elder portfolio manager astatine Globalt Investments, connected CNBC's "Power Lunch" Thursday.
Recent commercialized deals betwixt the U.S. and its trading partners person besides helped propulsion the marketplace to caller heights. Earlier this week, President Donald Trump announced a "massive" commercialized woody with Japan, which includes 15% "reciprocal" tariffs. The president besides said this week that the U.S. and Indonesia person agreed to the model of a commercialized agreement.
Investors are present awaiting immoderate further commercialized announcements earlier the Trump administration's Aug. 1 tariff deadline.
Next week is besides erstwhile the Federal Reserve is scheduled to conscionable erstwhile again, with eyes connected whether it volition take to little involvement rates.
Trump, who has besides been putting unit connected Fed Chairman Jerome Powell to little rates, sparred with Powell implicit renovation costs during an historic sojourn to the cardinal bank's headquarters aft the doorbell Thursday, astatine 1 constituent presenting a outgo fig that was knocked down arsenic incorrect by Powell successful beforehand of the press.
But aft completing the circuit of the renovation, Trump softened his code a spot connected the Fed main and said helium wasn't readying connected firing him, a menace that has disquieted markets.
"To bash that is simply a large move, and I conscionable don't deliberation it's necessary. And I judge that he's going to bash the close thing," said Trump.
Intel, Deckers, Boyd Gaming among the stocks making moves aft the bell
Some stocks are making moves successful extended trading Thursday:
- Intel – Shares of the chipmaker inched up little than 1% successful extended trading. That's aft the company's second-quarter revenue of $12.86 cardinal topped the $11.92 cardinal that analysts surveyed by LSEG were expecting for the period. The company's third-quarter gross guidance besides surpassed expert estimates.
- Deckers – Shares of the footwear manufacturing institution climbed 6%. Fiscal first-quarter results surpassed analysts' estimates, with net landing astatine 93 cents a stock connected gross of $965 million. LSEG statement estimates called for net of 68 cents per stock and $901 cardinal successful revenue. Deckers said it saw better-than-expected income from its Hoka and Ugg brands.
- Boyd Gaming – The casino relation saw shares emergence much than 1% successful extended trading aft the steadfast reported stronger-than-expected adjusted net and gross for the 2nd quarter. Boyd Gaming said its maturation was supported by continued spot successful its halfway customers arsenic good arsenic improvements successful retail play.
To presumption the afloat database of stocks, work here.
— Sean Conlon
Stock futures unfastened small changed
U.S. banal futures were small changed connected Thursday evening.
S&P 500 futures ticked higher by 0.1% conscionable aft 6 p.m. ET, arsenic did Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average besides precocious 36 points, oregon 0.1%.
— Sean Conlon