A surface displays The Walt Disney Company’s logo and trading accusation arsenic traders enactment connected the level astatine the New York Stock Exchange (NYSE) successful New York City, U.S., July 17, 2025.
Brendan McDermid | Reuters
Stock futures inched higher aboriginal Friday aft a batch of net and economical reports pushed the S&P 500 to a record close.
S&P 500 futures added 0.24%, portion Nasdaq 100 futures inched up 0.23%. Futures linked to the Dow Jones Industrial Average added 115 points, oregon 0.26%.
Shares of streaming elephantine Netflix fell much than 1% successful extended trading pursuing its latest quarterly results. The institution posted an net and gross bushed for the 2nd 4th and raised its full-year gross forecast.
The moves travel aft Wall Street saw a winning day. The S&P 500 finished 0.5% higher, closing astatine a caller grounds aft hitting an all-time precocious during the session. The Nasdaq Composite gained astir 0.7%, besides reaching caller intraday and closing records. The Dow climbed 0.5%.
The wide market, on with the different 2 large averages, is presently connected gait for a affirmative week, bolstered by optimism surrounding the latest net results. On Thursday, PepsiCo and United Airlines shares some popped aft the respective companies bushed expert estimates connected earnings. Those travel coagulated results from large banks similar JPMorgan and Goldman Sachs earlier successful the week.
The scale besides moved higher connected notable economical data, which signaled that the U.S. system was holding up. Initial jobless claims for the week ending July 12 decreased from the anterior week, and June's retail income speechmaking surpassed expectations.
"I deliberation this marketplace deserves the payment of the doubt, and what got you present is inactive the maturation sectors," Keith Lerner, co-chief concern serviceman and main marketplace strategist astatine Truist, said connected CNBC's "Closing Bell." "You enactment that unneurotic with besides contiguous the economical information showing the system whitethorn beryllium cooling, but it's surely not collapsing."
"We would instrumentality with the underlying trend, which inactive seems affirmative successful our world," helium continued.
Investors are looking up to much net reports owed retired Friday. That includes 3M and American Express, some slated for merchandise earlier marketplace open.
Meanwhile, connected the economical front, the Street is eyeing the preliminary speechmaking for July user sentiment data. Economists polled by Dow Jones are expecting that to amusement a speechmaking of 61.8, up from the anterior speechmaking of 60.7.
The large averages are connected gait for affirmative weeks, with the S&P 500 up 0.6% done Thursday's adjacent and the 30-stock Dow connected way for a 0.3% advance. The Nasdaq is the outperformer, heading for a 1.5% gain.
U.S. exceptionalism has peaked, says capitalist Tim Seymour
Investor Tim Seymour believes that the inclination of planetary assets outperforming volition proceed going forward.
While the S&P 500 has added astir 7% twelvemonth to date, Seymour said that "the existent wealth has been made overseas."
"Some of the trends … that person made the U.S. exciting, I deliberation immoderate of those trends are live and good astir the world," the laminitis and main concern serviceman of Seymour Asset Management said connected CNBC's "Power Lunch" Thursday afternoon. "I'm not present to archer you U.S. exceptionalism is over, but I deliberation it's peaked."
The capitalist added that arsenic the satellite becomes progressively isolationist, idiosyncratic countries volition statesman to substance more.
— Lisa Kailai Han
Stocks moving successful extended trading
Here are a fewer of the names that are posting large moves successful after-hours action.
Norfolk Southern – Shares of the railway institution jumped 4% aft The Wall Street Journal, citing radical acquainted with the matter, reported that Union Pacific is successful talks to get Norfolk Southern. Union Pacific shares were small changed successful extended trading, but CSX climbed 2% successful sympathy.
Interactive Brokers – The broker posted second-quarter results that surpassed analysts' expectations. Adjusted net for the play came successful astatine 51 cents per stock connected adjusted gross of $1.48 billion. LSEG statement estimates sought 46 cents per stock and gross of $1.36 billion. Shares jumped much than 4%.
Netflix – The streaming elephantine slipped astir 2%. Netflix bushed analysts' estimates connected the apical and bottommost lines successful the 2nd quarter. Revenue for the play – coming successful astatine $11.08 cardinal – lone narrowly topped Wall Street's telephone for $11.07 billion, per LSEG.
Bank OZK – Shares of the determination slope precocious 2%. Bank OZK posted nett involvement income of $396.7 cardinal successful the 2nd quarter, topping the StreetAccount statement telephone for $388.5 million. Earnings of $1.58 per stock for the play besides bushed the Street's estimation of $1.53 per share.
–Darla Mercado
Futures unfastened level connected Thursday evening
U.S. banal futures were small changed soon aft 6 p.m. ET connected Thursday.
Futures tied to the S&P 500 were marginally lower, arsenic were Nasdaq 100 futures. Dow Jones Industrial Average futures added conscionable 6 points.
The enactment comes aft a winning time for the 3 large averages, successful which the S&P 500 and Nasdaq Composite deed caller records connected an intraday and closing basis.
-Darla Mercado