"Record Highs and Flat Futures: Latest Stock Market Updates"
TL;DR Summary
Stock futures remained flat in overnight trading, with the S&P 500 nearing the 5,000 milestone. Disney and Arm saw significant after-hours surges following strong earnings reports, while Big Tech companies like Meta Platforms, Nvidia, and Microsoft continued to rise. SoftBank's shares surged over 8% after chipmaker Arm's results exceeded expectations. The S&P 500's climb to 4,995.06 reflects a strong fourth-quarter earnings season, but PayPal shares dropped over 5% in extended trading due to weaker-than-expected guidance.
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- S&P 500 closes at record high; earnings, rate outlook in focus Reuters
- Dow and S&P 500 score record closing highs after fresh batch of earnings MarketWatch
- Stock Market Still Favors These Sectors, Large Caps For Now; The Bullish Trend In U.S. Treasuries Investor's Business Daily
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