March S&P 500 E-Mini futures (ESH25) are down -0.20%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.49% this morning, taking a breather after a strong rally this week, with investors turning their attention to U.S. President Donald Trump’s speech at the World Economic Forum in Davos and a new round of corporate earnings reports.
In yesterday’s trading session, Wall Street’s main stock indexes ended higher, with the benchmark S&P 500 rising to a new record high and the blue-chip Dow and tech-heavy Nasdaq 100 notching 5-week highs. Netflix (NFLX) surged nearly +10% and was the top percentage gainer on the S&P 500 after the streaming giant reported stronger-than-expected Q4 results, raised its 2025 revenue guidance, and announced a $15 billion boost to its share repurchase program. Also, Oracle (ORCL) climbed more than +6% following the announcement of the $500 billion “Stargate” AI infrastructure project. In addition, Procter & Gamble (PG) gained over +1% after the company posted better-than-expected FQ2 results. On the bearish side, Johnson & Johnson (JNJ) fell nearly -2% after reporting weaker-than-expected Q4 MedTech sales.
