Stock market today: Dow, S&P 500 futures rise as investors await retail data after rate-cut bets cool

Published 2 months ago Positive
Stock market today: Dow, S&P 500 futures rise as investors await retail data after rate-cut bets cool
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US stock futures were mixed on Friday as Wall Street tempered its rate-cut hopes and awaited July's retail sales report. Traders were also awaiting Friday's meeting between President Trump and Vladimir Putin, looking for clues on how the outcome could steer markets.

Futures attached to the Dow Jones Industrial Average (YM=F) rose around 0.6%, with the index's first record since December in sight again. Futures attached to the benchmark S&P 500 (ES=F) rose 0.1%, and futures attached to the tech-heavy Nasdaq 100 (NQ=F) fell below the flatline.

CBOT - Delayed Quote•USD

(YM=F)

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45,294.00

+297.00

+(0.66%)

As of 7:32:51 AM EDT. Market Open. YM=FES=F NQ=F

Advanced Chart

Major Dow component UnitedHealth (UNH) stock soared on Friday before the bell after a regulatory filing showed Warren Buffett's Berkshire Hathaway (BRK-B, BRK-A) bought 5 million shares in the company.

Intel (INTC) shares also jumped premarket Friday on news that the US government is considering taking a stake in the company. President Trump met with Intel's CEO on Monday after calling on him to resign the previous week.

And Applied Materials (AMAT) stock sank 14% before the bell on Friday after the chip equipment maker issued weak fourth-quarter forecasts on sluggish China demand, fueling concerns over tariff-related risks.

NYSE - Delayed Quote•USD

(UNH)

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271.49

-0.32

(-0.12%)

At close: August 14 at 4:00:02 PM EDT Advanced Chart

Stocks wobbled on Thursday, ending a two-day rally sparked by investor confidence that an interest rate cut in September was nearly certain. Doubts about a significant cut at the Fed's next policy meeting crept in after July's Producer Price Index (PPI) came in hotter than expected.

On Friday, Wall Street will be watching the release of retail sales data. The results will offer clues as to whether Trump's tariffs are impacting consumer spending habits.LIVE2 updates

Today at 9:54 AM UTC

Jenny McCall

Applied Materials' shares sink on weak China demand, tariff risks

Shares in Applied Materials (AMAT) sank 14% before the bell on Friday after the chip equipment maker issued weak fourth-quarter forecasts on sluggish China demand, fueling concerns over tariff-related risks.

NasdaqGS - Delayed Quote•USD

(AMAT)

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188.24

-1.76

(-0.93%)

At close: August 14 at 4:00:01 PM EDT Advanced Chart

Reuters reports:

Read more here. Today at 9:24 AM UTC

Jenny McCall

UnitedHealth stock soars as Buffett's Berkshire buys 5M shares

UnitedHealth Group stock rose 12% before the bell on Friday after Warren Buffett's Berkshire Hathaway (BRK-B, BRK-A) acquired 5 million shares in the company.

A regulatory filing showed the purchase on Thursday.

NYSE - Delayed Quote•USD

(UNH)

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271.49

-0.32

(-0.12%)

At close: August 14 at 4:00:02 PM EDT Advanced Chart

Reuters reports:

Read more here.

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