Stock Market Today, Feb: 10: Stocks are flat after retail sales are unchanged in December
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Happy Tuesday. This is TheStreet’s Stock Market Today for Feb. 10, 2025. You can follow the latest updates on the market here in our daily live blog.
Update: 9:30 a.m. ET
Opening Bell
The U.S. markets are now opened. Out of the gate, the Dow (+0.40%) and Russell 2000 (+0.26%) are leading the way, trailed by the S&P 500(-0.00%) and Nasdaq (-0.08%), which are heading the opposite way this morning.
Heatmap: Dow
The Dow’s pop this morning puts the index at a new intraday high, up 0.40% to 50,309. Here’s a look at the index this morning:
A.M. Earnings Reactions
This morning saw a number of big earnings and reactions. As we mentioned earlier, Coca-Cola issued guidance which was largely in line, but is down about 2% at the moment. However, there are much bigger reactions.
Spotify Technology is soaring, seeing the steepest move to the upside, up 15.5% after strong earnings. It’s joined by DataDog in today’s double-digit earnings reactions.
On the other end of things, Xylem is down 9%, while S&P Global is down 7% after their respective reports.
In Other News
Paramount Skydance is making some moves today with a new $2.8 billion breakup fee for Warner Bros. Discovery, continuing its pestering over the firm’s deal with rival Netflix.
Update: 9:00 a.m. ET
A.M. Update
Good morning. Futures are slightly to the upside ahead of the market open this morning, little-moved by mixed economic data. Here is today’s A.M. Update, featuring today’s earnings and economic data to watch:
Earnings Today: Coca-Cola, Marriott, Robinhood
This morning, earnings from Coca-Cola, AstraZeneca, and S&P Global led up the earnings slate for today.
Coca-Cola’s shares fell after forecasting in-line growth, AstraZeneca teased its move into weight-loss drugs with talk of a new drug candidate, and S&P Global fell significantly on weak guidance.
That’s just a cropping of the big reports today. Here’s the list:
This evening, the earnings will continue to come with Gilead, Welltower, and Robinhood Markets, among others:
Economic Data + Events: Retail Sales, Export/Import Costs, Business Inventories
Some of today’s biggest reports are already out and influencing the markets. However, we still have a few more small reports, plus remarks from Fed leaders, slated for later today. Here’s the look:
