Traders enactment astatine the New York Stock Exchange connected July 15, 2025.
NYSE
U.S. banal futures were mostly small changed connected Thursday morning. The moves travel a winning time aft President Donald Trump denied that helium was readying to occurrence Jerome Powell from his presumption arsenic Federal Reserve chairman.
Futures tied to the Dow Jones Industrial Average fell 38 points, oregon 0.09%. S&P 500 futures moved up 0.03% portion the Nasdaq 100 futures some added 0.15%.
During Wednesday's regular session, the S&P 500 gained 0.32%, portion the Nasdaq Composite added 0.26%. The 30-stock Dow roseate 231.49 points, oregon 0.53%.
Stocks initially fell aft a White House authoritative said that Trump "likely volition soon" occurrence Powell from his post, with the blue-chip Dow dropping much than 260 points astatine its league low. The New York Times besides reported that Trump had adjacent drafted a missive calling for Powell's resignation to amusement House Republicans.
However, equities rebounded aft the president downplayed the reports and said helium was "not readying connected doing it," though adding that helium does not "rule retired anything."
To Michael Green, main strategist astatine Simplify Asset Management, Wednesday's banal rebound indicates that the marketplace whitethorn person already moved past Powell's imaginable ousting.
"The lone existent portion of information, I would argue, that you got contiguous is that firing Powell is not that large of a deal," helium said to CNBC.
Instead, Green said that astatine slightest successful the adjacent term, investors would apt proceed to nonstop astir of their attraction toward upcoming net reports arsenic the market's astir important catalyst. Taiwan Semiconductor Manufacturing, Travelers, GE Aerospace, U.S. Bancorp and Citizens Financial Group are acceptable to study net earlier Wednesday's opening bell.
"I would beryllium precise amazed if we don't get comparatively affirmative reports retired of the tech leaders. Not impossible, but surprised. Overall, that would suggest that the markets are going to acquisition immoderate alleviation associated with net play not being arsenic atrocious arsenic radical think," Green said.
On Thursday, traders volition besides ticker retired for play jobless claims, the latest speechmaking connected June's retail income study and past month's export and import terms indexes.
Asia-Pacific markets mostly adjacent higher
Asia-Pacific markets mostly ended the time higher Thursday.
Hong Kong's Hang Seng Index closed level astatine 24,498.95, portion mainland China's CSI 300 index accrued by 0.68% to 4,034.49.
Japan's Nikkei 225 benchmark added 0.6% to adjacent astatine 39,901.19, portion the broader Topix scale roseate 0.72% to 2,839.81.
Meanwhile, South Korea's Kospi index moved up 0.19% to adjacent astatine 3,192.29, portion the small-cap Kosdaq precocious 0.74% to 818.27.
Australia's S&P/ASX 200 benchmark ended the time 0.9% higher astatine 8,639.
Over successful India, the 50-stock benchmark Nifty 50 was down 0.12%, portion the Sensex scale mislaid 0.25% arsenic of 1.55 p.m. Indian Standard Time (4.25 a.m. ET).
— Amala Balakrishner
Eight of the 11 S&P 500 sectors ended Wednesday positive
Eight of the 11 sectors successful the S&P 500 closed higher connected Wednesday.
The gains were led by the health-care sector, which added 1.22%. The vigor assemblage was the laggard and fell 0.84%.
Eight of the sectors are antagonistic connected the week, again led to the downside by energy, down 3.35%. Tech stocks, up 1.29%, are presently the week's champion performers.
— Christopher Hayes, Lisa Kailai Han
If Trump fired Fed Chair Powell, it would beryllium ‘significantly antagonistic for markets,’ Wolfe says
Expect a "mess" for markets if President Donald Trump were to disregard Federal Reserve Chair Jerome Powell from his post, analysts astatine Wolfe Research said.
"We expect, arsenic does everyone else, that it would beryllium importantly antagonistic for markets, apt driving some an equity selloff and a counterproductive spike successful semipermanent yields," Wolfe's Tobin Marcus and Chutong Zhu said successful a Wednesday note.
Wolfe modeled retired respective scenarios of however things whitethorn unfold if Trump were to occurrence Powell. Click present to work CNBC's Dan Mangan's sum of Wolfe's findings.
Wolfe issued its enactment successful what was a volatile time for investors arsenic stocks initially tumbled aft a White House authoritative said that Trump "likely volition soon" occurrence Powell, starring the Dow Industrials to autumn much than 260 points astatine its league low. The large averages rebounded and yet closed higher aft Trump aboriginal said helium was "not readying connected doing it," but noted that helium does not "rule retired anything."
—Darla Mercado
Stocks making the biggest moves aft the bell: United Airlines, Sarepta Therapeutics and more
These are the stocks moving the astir successful extended-hours trading:
United Airlines — Shares fell astir 2% aft the hose bearer posted a second-quarter revenue of $15.24 billion, missing analysts' expectations of $15.35 billion, according to LSEG.
Sarepta Therapeutics — The biopharma banal soared 32% aft the institution announced a "strategic restructuring" program that progressive a 36% workforce reduction, oregon astir 500 employees.
Monarch Casino & Resort — Shares popped 15% aft the casino relation reported second-quarter net of $1.44 per share, up astir 21% from the year-ago period.
Read the afloat database of stocks moving here.
— Lisa Kailai Han
English (US) ·