Major US Stock Indexes Mixed on Friday, February 14, 2025
Friday, Feb 14, 2025 4:34 pm ET
On Friday, February 14, 2025, major US stock indexes had a mixed performance, with the S&P 500 and Dow Jones Industrial Average (DJI) ending lower, while the Nasdaq composite and Russell 2000 index ended higher. The S&P 500 ended essentially flat, falling 0.44 points, or less than 0.1%, to 6,114.63. The DJI dipped 0.4%, falling 165.35 points, or 0.4%, to 44,546.08. The Nasdaq composite added 0.4%, rising 81.13 points, or 0.4%, to 20,026.77. The Russell 2000 index of smaller companies fell 2.20 points, or 0.1%, to 2,279.98.
For the week, the indexes performed as follows: the S&P 500 was up 88.64 points, or 1.5%; the DJI was up 242.68 points, or 0.5%; the Nasdaq was up 503.37 points, or 2.6%; and the Russell 2000 was up 0.27 points, or less than 0.1%. For the year, the indexes had the following performance: the S&P 500 was up 233 points, or 4%; the DJI was up 2,001.86 points, or 4.7%; the Nasdaq was up 715.98 points, or 3.7%; and the Russell 2000 was up 49.82 points, or 2.2%.
The mixed performance on Friday was influenced by a combination of earnings reports and economic data. Airbnb rallied after reporting stronger profit than analysts expected, while Applied Materials fell after giving a forecast for upcoming revenue that fell short of some estimates. A report showing that sales at U.S. retailers weakened sharply last month likely contributed to the overall mixed performance of the indexes. The Producer Price Index (PPI) for January rose 0.5%, while the number for December remained unchanged at 0.2%. Core PPI rose 0.1% in the same period, as opposed to the revised 0.2% increase in December. This data may have had an impact on the indexes, as inflation is a key factor that investors consider when making decisions.
The sectors with the largest gains or losses on Friday, February 14, 2025, were the Technology Select Sector SPDR (XLK), the Consumer Discretionary Select Sector SPDR (XLY), and the Materials Select Sector SPDR (XLB). The XLK added 1.4% on Friday, February 14, 2025, and is up 715.98 points, or 3.7%, for the year. The XLY added 1.5% on Friday, February 14, 2025, and is up 233 points, or 4%, for the year. The XLB added 1.7% on Friday, February 14, 2025, and is up 49.82 points, or 2.2%, for the year.
In conclusion, the major US stock indexes had a mixed performance on Friday, February 14, 2025, influenced by earnings reports and economic data. The S&P 500 and DJI ended lower, while the Nasdaq composite and Russell 2000 index ended higher. The technology, consumer discretionary, and materials sectors had strong gains on Friday and have also performed well for the year.