These Were the Big S&P 500 Movers on Wednesday

Advancers

• Shares of aerospace giant Boeing (BA) soared 6.8%, logging the S&P 500's top performance on Wednesday. The move higher followed 澳洲幸运5官方开奖结果体彩网:several positive signals for the plane manufacturer, including an announcement that Japan Airlines has placed an order for 17 of Boeing's 737-8 aircraft. In addition, Boeing's chief financial officer Brian West downplayed the potential impact of U.S. tariffs on the company, while analysts at Bank of America said they expect Boeing to achieve a month-over-month uptick in plane deliveries in March.
• Super Micro Computer (SMCI) unveiled new systems that incorporate the Blackwell Ultra platform, the latest generation of artificial intelligence (AI) chips from Nvidia (NVDA). The updated products are designed to handle complex AI tasks such as training models, graphics, and visualization. Supermicro stock gained 5.8% on Wednesday, clawing back a portion of the 澳洲幸运5官方开ꦫ奖结果体彩网:steep losses posted in the previous🥃 session.
  
• Caesars Entertainment (CZR) shares jumped 5.7% after the resort and casino operator announced that two additional independent members would join its board of directors. Executives from Icahn Enterprises (IEP) will occupy both new board seats. Founder and controlling shareholder of the investment firm Carl Icahn previously indicated that he would not engage in activism related to operations at Caesars, but following the board deal, the major investor discussed the possibility of exploring strategic options for the gaming company's digital business.

Decliners

• Intel (INTC) shares failed to build on their five-day winning streak, declining the most of any S&P 500 stock on Wednesday with a drop of 6.9%. Recent enthusiasm for the stock has revolved around the chipmaker naming semiconductor industry veteran Lip-Bu Tan as its new CEO. The incoming top executive, who officially took the helm of Intel this week, has reportedly discussed significant restructuring moves including middle-management staff cuts, changes to manufacturing processes, and shifts in AI strategy.
• Progressive (PGR) stock slipped 3.5% after the insurer released its results from February 2025. Although the company achieved strong year-over-year gains in premiums and net income, Progressive reported a total pretax net realized loss on securities of $110 million, down sharply from a gain of $80 million in February 2024.
• Shares of biopharmaceutical company Gilead Sciences (GILD) fell 2.5% following reports that the Department of Health and Human Services is considering sharp reductions in federal funding for HIV prevention. HIV treatments, including pre-exposure prophylaxis drugs prescribed as a preventive measure for people at risk of contracting the virus, accounted for more than half of Gilead's revenue last year.

-澳洲幸运5官方开奖结果体彩网:Michael Bromberg

Magnificent 7 Not So Magnificent

Meta Platforms (META) this week became the last of the group of Big Tech stocks to slip into negative territory for the year. The remainder—Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOG), Amazon (AMZN), and Tesla (TSLA)—arඣe down between 8% and 42% at Wednesday's close since the start of ℱthe year. 

The Magnificent Seven stocks have been in the driver's seat of the U.S. stock market since the end of 2022 when cooling inflation and the explosive popularity of OpenAI’s ChatGPT sparked the AI rally&nb❀sp;that minted the concept of 🧔the Mag Seven. The tech giants accounted for more than 50% of the S&P 500’s gains in 2023 and 2024. The index rose more than 20% in each of those years, its first such streak since the 1990s.

Some market watchers have been warning for a while that the narrow bull market was an unsustainable one, and there’s evidence that the 澳洲幸运5官方开奖结果体彩网:Mag Seven’s dominance has come back to haunt the stock market this year. The Mag Seven stocks are down nearly 15% since the start of the year, while the S&P 500 is down about 4%, and the 澳洲幸运5官方开奖结果体彩网:equal-weighted S&P 500 is down less than 1%.

Read the 澳洲幸运5官方开奖结果体彩网:full article here.

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

Shares of These Nvidia Partners Got a Boost Wednesday

Shares of several of Nvidia's (NVDA) partners surged Wednesday following yesterday's 澳洲幸运5官方开奖结果体彩网:highly anticipated remarks from CEO Jensen Huangಞ at the company's GTC event﷽.

Coherent (COHR), which produces components used in data centers, saw its stock jump close to 7%, while shares of server maker Supermicro (SMCI) and Amphenol (APH), which makes copper cables for🐈 Nvidia, added closeಞ to 6%.

Corning (GLW), Lumentum (LITE), and Fabrinet (FN) shares climbed as well, with JPMorgan analysts telling clients the companies could be poised for growth as Nvidia's clients scale their 澳洲幸运5官方开奖结果体彩网:artificial intelligence capabilities.

The analysts said Huang “alleviated investor concerns” by telling GTC attendees he believes data center capital expenditures could 澳洲幸运5官方开奖结果体彩网:exceed $1 trillion by 2028. Some investors have worried about the impact of lower-cost AI models, like 澳洲幸运5官方开奖结果体彩网:DeepSeek’s R1, on companies' willingn🍨ess to invest in AI infrastructure, JPMorgan said. 

Wedbush analysts said they expect strong demand for Nvidia's chips could have a "ripple impact,” estimating that for every $1 spent on an Nvidia chip there could be a $8 to $10 multiplier "across the tech ecosystem with the hyperscalers, software, data center buildouts, cyber security, and energy demand all benefiting.”

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

S&P 500 Turns Positive for the Week

With Wednesday's solid gains, the S&P 500 has inched into positive territory for the week, as the benchmark index seeks to snap a four-week losing streak.

The S&P 500 has gained 0.6% so far this week, while the Dow Jones Industrial Average has added 1.1%, The Nasdaq Composite, which has also lost ground in each of the last four weeks, is fractionally lower for the week.

Despite gaining ground in three of the last four sessions, each of the major indexes remains down sharply so far in March, led by the Nasdaq's near-6% decline.

What Analysts are Saying About Nvidia's GTC

Nvidia (NVDA) CEO Jensen Huang’s highly anticipated 澳洲幸运5官方开奖结果体彩网:GTC keynote failed to deliver a big boost to the company's stock, though✅ analysts remain bullish on its potential for AI-driven g♔rowth. 

🔥 Benchmark analysts pinned the muted market reaction on “the company’s reiteration of its previously well-discussed roadmap,” while reite🗹rating a price target of $190.

“Although Jensen’s key🙈note may not have been the savior of the company’s declining stock price that many had hoped for, we question what more the company cou🔴ld have said,” the analysts added.

At the event, Nvidia 澳洲幸运5官方开奖结果体彩网:said its Blackwell Ultra chips will launch later this year, followꦉed by its next-generation Vera Rubin platform in 2026, and Rubin Ultra in 2027. Those announcements were largely consistent with analysts' expectations, though Morgan Stanley said Nvidia “made a strong case” for its ab🗹ility to deliver product leadership in AI through at least 2027.

The chipmaker also highlighted strong commitment from its major cloud customers as 澳洲幸运5官方开奖结果体彩网:AI technology scales, Morgan Stanley said, maintaining an “overweig🎃ht” rating and $162 price target.

Jefferies and Citi analysts echoed those comments, reiterating targets of $185 and $163, respectively, pointing to Nvidia's rapid pace of AI innovation relative to its peers.

Nvidia shares were up 3% at around $119 in late trading Wednesday. The stock is down 15% sin𓆏ce the start of the year.

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

Fed Leaves Key Rate Unchanged Amid Economic Uncertainty

As widely expected, the Federal Reserve held its key interest rate steady, waiting for the economy to send signals about its trajectory amid uncertainty about the effects of President Donald Trump's trade policies.

The Federal Reserve's policy committee held the fed funds rate in a range of 4.25% to 4.5%, where it's been since January. The key interest rate, which influences borrowing costs on all kinds of loans, is high enough that Fed officials consider it a drag on both inflation and the growth of the economy.

Fed officials aim to keep the fed funds rate high enough to push down inflation, which has stayed stubbornly above the Fed's goal of a 2% annual rate in recent months, but not so high it dampens business to the point where unemployment rises severely. Trump's campaign of imposing tariffs on trading partners 澳洲幸运5官方开奖结果体彩网:complicates the outlook for the Fed, since it could 澳洲幸运5官方开奖结果体彩网:both slow the economy and push up i🏅nflation, according to economic forecasters, and has 澳洲幸运5官方开奖结果体彩网:caused uncertainty among business leaders and consumers that itself could damage the economy.

"Uncertainty around the economic outlook has increased," the Federal Open Market Committee said in a statement accompanying the interest rat♕e decision.

The Fed's outlook for the economy has worsened since December when officials last projected inflation, unemployment, and interest rates.

At Wednesday's meeting, members of the Federal Open Market Committee penciled in the unemployment rate rising to 4.4% by the end of the year, up from 4.3% in December; inflation as measured by core Personal Consumption Expenditures rising 2.8% over the year, up from 2.5% in the December projections; and the Gross Domestic Product rising 1.7%, down from the 2.1% growth the most recent forecast

-澳洲幸运5官方开奖结果体彩网:Diccon Hyatt

Boeing Stock Surges on JAL Order, Positive CFO Comments

Boeing (BA) shares jumped Wednesday after Japan Airlines announced that it has orde🤡red 17 new 7🍃37-8 aircraft from the plane maker.

The airline said it will add the 17 planes on top of a March 2023 order for 21 of the same plane, and 11 planes from Airbus that will replace its aging Boeing 767 aircraft. The 38 total Boeing 737-8 planes are expected to be delivered to the airline in fiscal 2026, with o🧸ther aircraft from Boeing and Airbus expected in fiscal 2027 and 2028.

Separately Wednesday, Bank of America analysts said that another research firm, Aero Analysis Partners, predicts that Boeing's March deliveries will be higher than last month, and possibly match or exceed the 40 it delivered in January. The analysts maintained a neutral rating with a $185 price target.

Also Wednesday, Boeing CFO Brian West said at an industry conference that Boeing doesn't see "material near-term impact" from the Trump administration's tariffs on goods like 澳洲幸运5官方开奖结果体彩网:aluminum and steel. West said Boeing's supply chain is largely U.S.-based, and said its first quarter results appear to be in line with expectations, according toও a transcrip🍰t provided by AlphaSense.

"We're seeing less working capital drag," West said when asked about the first quarter. "So, that could be better when we close the quarter and it could be in the hundreds of millions of cash flow better."

Boe♎ing shares were up more than 5% to lead S&P 500 and Dow gainers early Wednesday afternoon.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Falling Stocks are Threatening a Pillar of the 'Real Economy'

Falling stocks over the past few weeks could undermine consumer spending by reducing the "wealth effect."

Richer households have been propping up the main pillar of the U.S. economy, consumer spending, partly because they have felt flush after years of rising stock prices.

The "wealth effect" is about four times as big as it usually is, so falling stocks could prompt more belt-tightening than normal, according to one analysis.

Read the 澳洲幸运5官方开奖结果体彩网:full article here.

-澳洲幸运5官方开奖结果体彩网:Diccon Hyatt

HealthEquity Plummets as Profit Hurt by Cyber Threats, Fraud

Shares of HealthEquity (HQY) plunged Wednesday, a day after the 澳洲幸运5官方开奖结果体彩网:Health Savings Account custodian missed profit estimates and gave weak guidance as it dealt with the co📖sts of a rise in criminal activity targeting the firm𝔉.

The company reported fourth-quarter fiscal 2025 adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $0.69, while analysts surveyed by Visible🌠 Alpha were looking for $0.71. Revenue rose 19% year-over-year to $311.8 million, exceeding expectations.

In a transcript of the analyst call provided by AlphaSense, CEO Scott Cutler explained that along with other financial firms, HealthEquity has seen "increased cyber threats and fraud attacks from bad actors using sophisticated technology, techniques and methods." Cutler noted those activities "led to excess service expense."

CFO James Lucania said 澳洲幸运5官方开奖结果体彩网:gross profit was cut by about $17 million because of additional service costs "incurred to protect members from and reimburse those impacted by sophisticated fraud activity and to assist members duri🐼ng our cꦜard processor consolidation."

HealthEquity sees full-year adjus🐎ted EPS of🐭 $3.57 to $3.74, and revenue from $1.280 billion to $1.305 billion. The Visible Alpha estimates were for $3.66 and $1.302 billion, respectively.

HealthEquity shares were down 18% in recent trading and ﷺhave moved into negative territory for the past year.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

Signet Soars on Strong Earnings, Rosy Outlook

Signet Jewelers (SIG) shares soared more than 20% Wednesday morning after the jewelry retailer posted bett✅er-than-anticipated profit and sales, issued a rosy outlook, and announꦏced plans to reduce its real-estate footprint.

The owner of Zales, Jared, and Kay Jewelers reported fiscal 2025 fourth-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $6.62, while analysts surveyed by Visible Alpha expected $6.25. While revenue fell 6% year-over-year to $2.35 billion and 澳洲幸运5官方开奖结果体彩网:same-store sales declined 1.1%, they also beat expectations𝓀. 

CEO J.K. Symancyk credited the performance to Signet's "depth of assortment at key price points while also benefiting from improved Bridal trends." Symancyk added that the company benefited from its "Grow Brand Love" strategy to expand its business.

COO and CFO Joan Hilson said as part of the reorganization plan, Signet was "focused on real estate optimization and (expects) to transition over 10% of mall locations to off-mall and the eCommerce channel over the next three years."

The company sees current-quarter revenue coming in at $1.50 billion to $1.53 billion, and same-store sales flat to 2.0% higher. The Visible Alpha forecasts were for $1.51 billion and up 0.65%, respectiv🐷ely.

Even with this morning's 22% increase, Signet Jewelers shares are down more than 40% over the last 12 months.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

General Mills Falls on Weak Sales, Outlook

General Mills (GIS) shares fell in early trading Wednesd☂ay after the cereal giant issued a downbeat outlook and posted quarterly sales that undershot forecasts.

The maker of Lucky Charms cereal and Fruit Roll-Ups said sales for its fiscal third quarter ended Feb. 23 lagged expectations, "driven by retailer inventory headwinds in North America Retail and North America Pet, a slowdown in U.S. snacking categories, and softer demand in U.S. away-from-home food channels."

General Mills reported net sales of $4.84 billion, down 5% year-over-year and below the $4.96 billion analysts had expected, per Visible Alpha. Adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $1.00 fell 15% on a constant-currency basis but came in above the $0.95 conse🎃nsus.

General Mills, which said it "expects macroeconomic uncertainty to continue to impact consumers in the fourth quarter," also lowered its fiscal 2025 outlook.

It now expects organic net sales ಌto fall between 1.5% and 2%, compared with its previous forecast of flat to up 1%. Adjusted EPS is seen down 7% to 8% in constant currency versus its previous pro🔜jection for a decline of 2% to 4%. Analysts were expecting sales to decline by about 0.5% and adjusted EPS to rise by roughly 2%.

Generꦆal Mills shares, which had lost 12✱% of their value in the past 12 months entering Wednesday, were down 3% in recent trading.

-澳洲幸运5官方开奖结果体彩网:Nisha Gopalan

Watch These Nvidia Stock Price Levels

Nvidia (NVDA) shares moved higher in premarket trading after ꦏfalling Tuesday following a highly anticipated keynote address from CEO Jensen Huang at the AI chipmaker's GTC conference.

During his 澳洲幸运5官方开奖结果体彩网:two-hour presentation, Huang unveiled the company’s roadmap for the next two years, providing updatꦅes about its Blackwell and ne🤡xt generation Rubin chips, while also showcasing cutting edge AI tech for robotics and telecommunications. Huang also announced a new partnership with General Motors (GM) to train AI manufacturing models.

The flurry of announcements wasn't enough to lift investor spirits. Nvidia shares, which were down about 1% before the CEO started speaking, closed the day down more than 3% lower. Investors will be on the lookout for further updates from Nvidia as the conference continues in the next few days.

Since setting a record high in January, Nvidia shares have traded within a 澳洲幸运5官方开奖结果体彩网:descending channel, potentially undergoing a 澳洲幸运5官方开奖结果体彩网:consolidation phase before resuming their longer-term uptrend. More recently, the stock found buyers near the descending channel’s lower trendline, though 澳洲幸运5官方开奖结果体彩网:price action has remained lackluster since. Meanwhile, the 澳洲幸运5官方开奖结果体彩网:relative strength index (RSI) remains below the 50 thresh🤪old, pointing to🉐 weak momentum.

Investors should monitor key support levels on Nvidia's chart around $96 and $76, while also tracking important resistance levels near $132 and $150.

The stock was up 1.4% at $117 in rec𒊎ent 🌠premarket trading.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Futures Point to Higher Open for Major Indexes

Futu🌌res tied to the Dow Jones Industrial Average were up 0.1%.

S&P 500 futures added 0.2%.

Nasdaq 100 futures were up 0.3%.