S&P 500 Forecast: Broad Market Edges Increased, However Qualcomm and Arm Weigh on Nasdaq 100…

Industrial and aerospace large Honeywell slid three.5% after forecasting downbeat gross sales and revenue for 2025. The corporate additionally introduced plans to separate into three impartial entities, a transfer that didn’t raise investor sentiment.

Ford shares tumbled 5.2% after the automaker projected as much as $5.5 billion in losses from its electrical car and software program operations this yr. The corporate additionally warned of a difficult 2025 outlook, additional weighing on its inventory.

Jobless Claims Rise Extra Than Anticipated

New unemployment claims rose to 219,000 final week, exceeding the anticipated 214,000. The four-week transferring common ticked as much as 216,750, signaling some softening within the labor market. Persevering with claims additionally elevated to 1.89 million, suggesting that extra staff are struggling to seek out new jobs.

Regardless of the uptick, jobless claims stay inside their latest vary, and markets are actually shifting focus to Friday’s nonfarm payrolls report for a clearer image of labor market energy.