{"id":48759,"date":"2025-01-17T12:28:38","date_gmt":"2025-01-17T12:28:38","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-today-futures-edge-higher-amid-tech-volatility-and-earnings-season-kickoff\/48759\/"},"modified":"2025-01-17T12:28:38","modified_gmt":"2025-01-17T12:28:38","slug":"stock-market-today-futures-edge-higher-amid-tech-volatility-and-earnings-season-kickoff","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-futures-edge-higher-amid-tech-volatility-and-earnings-season-kickoff\/48759\/","title":{"rendered":"Stock Market Today: Futures Edge Higher Amid Tech Volatility and Earnings Season Kickoff"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-futures-edge-higher-amid-tech-volatility-and-earnings-season-kickoff\/48759\/#Market_Overview_January_17_2025\" >Market Overview: January 17, 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-futures-edge-higher-amid-tech-volatility-and-earnings-season-kickoff\/48759\/#Why_is_the_Market_Up_Today\" >Why is the Market Up Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-futures-edge-higher-amid-tech-volatility-and-earnings-season-kickoff\/48759\/#Current_Market_Indexes_and_Performance\" >Current Market Indexes and Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-futures-edge-higher-amid-tech-volatility-and-earnings-season-kickoff\/48759\/#Major_Stock_News_and_Market_Movers\" >Major Stock News and Market Movers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-futures-edge-higher-amid-tech-volatility-and-earnings-season-kickoff\/48759\/#Upcoming_Market_Events\" >Upcoming Market Events<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-futures-edge-higher-amid-tech-volatility-and-earnings-season-kickoff\/48759\/#Market_Outlook_and_Investor_Sentiment\" >Market Outlook and Investor Sentiment<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Market_Overview_January_17_2025\"><\/span>Market Overview: January 17, 2025<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As of Friday, January 17, 2025, U.S. stock futures are trading modestly higher, signaling a potential rebound after a mixed session on Thursday. Investors are closely watching the market as it enters the &#8220;Trump 2.0 era&#8221; with the upcoming inauguration of President-elect Donald Trump on January 20. The <a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">stock market today<\/a> is poised for an interesting day, with futures on the Nasdaq 100, <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average, and <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> all up by approximately 0.18% in <a href=\"https:\/\/stockmarketwatch.com\/movers\/premarket\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">pre-market trading<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_is_the_Market_Up_Today\"><\/span>Why is the Market Up Today?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The slight uptick in futures can be attributed to several factors:<\/p>\n<p>1. <b>Positive earnings outlook:<\/b> Analysts project an 11.9% year-over-year growth in S&#038;P 500 earnings per share for Q4 2024, potentially marking the highest growth rate since Q4 2021.<\/p>\n<p>2. <b>Tech sector strength:<\/b> Despite recent volatility, tech stocks remain the core driver of S&#038;P 500 EPS growth, with large tech companies expected to see a 24% increase in EPS for Q4 2024.<\/p>\n<p>3. <b>Economic data:<\/b> Recent reports on weekly jobless claims and monthly retail sales have largely met expectations, providing some stability to market sentiment.<\/p>\n<p>4. <b>Interest rate expectations:<\/b> Comments from Fed Governor Christopher Waller about potential quicker rate cuts have influenced market optimism.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Current_Market_Indexes_and_Performance\"><\/span>Current Market Indexes and Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As of the latest available data:<\/p>\n<p>&#8211; <b>Dow Jones Industrial Average:<\/b> 43,153.13 (previous close, down 0.16%)<br \/>&#8211; <b>S&#038;P 500:<\/b> 5,937.34 (previous close, down 0.21%)<br \/>&#8211; <b>Nasdaq Composite:<\/b> 19,338.29 (previous close, down 0.89%)<\/p>\n<p>Despite the recent pullback, all three major indices are still on track for positive weekly returns.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Major_Stock_News_and_Market_Movers\"><\/span>Major Stock News and Market Movers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>1. <b>Apple (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AAPL\">AAPL<\/a>):<\/b> Shares declined 4% following reports of weak iPhone sales in China and losing its position as the largest smartphone seller in the country.<\/p>\n<p>2. <b>Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>):<\/b> The electric vehicle maker saw a 3.4% drop in its stock price.<\/p>\n<p>3. <b>Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>):<\/b> Along with other major tech stocks, Nvidia experienced a decline in the previous session.<\/p>\n<p>4. <b>UnitedHealth Group (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=UNH\">UNH<\/a>):<\/b> Shares plunged 6%, making it the leading decliner in both the S&#038;P 500 and Dow after disappointing quarterly results.<\/p>\n<p>5. <b>Morgan Stanley (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MS\">MS<\/a>):<\/b> The financial giant&#8217;s shares rose 4% to an all-time high after beating Q4 earnings expectations.<\/p>\n<p>6. <b>Semiconductor stocks:<\/b> Companies like KLA Corp (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=KLAC\">KLAC<\/a>), Lam Research (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=LRCX\">LRCX<\/a>), and Applied Materials (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AMAT\">AMAT<\/a>) saw gains of over 4% following positive earnings and outlook from Taiwan Semiconductor Manufacturing Co. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSM\">TSM<\/a>).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_Market_Events\"><\/span>Upcoming Market Events<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>1. <b>Earnings season kickoff:<\/b> Netflix is set to release its earnings report on January 21, marking the beginning of the tech earnings season.<\/p>\n<p>2. <b>Trump inauguration:<\/b> The market is anticipating potential policy shifts as Donald Trump prepares to take office on January 20.<\/p>\n<p>3. <b>Economic data releases:<\/b> Investors will be watching for Building Permits and Housing Starts data for December.<\/p>\n<p>4. <b>Earnings reports:<\/b> Companies such as Schlumberger (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SLB\">SLB<\/a>), TFC Financial (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TFC\">TFC<\/a>), and State Street (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=STT\">STT<\/a>) are scheduled to release their quarterly numbers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Outlook_and_Investor_Sentiment\"><\/span>Market Outlook and Investor Sentiment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As the market navigates through earnings season and political transitions, investor sentiment remains cautiously optimistic. The tech sector continues to be a focal point, with market participants looking for signs of when massive investments in areas like AI will start to yield returns.<\/p>\n<p>The 10-year Treasury yield has eased to 4.615%, reflecting changing expectations for interest rates. Meanwhile, Bitcoin has been hovering near the $100,000 mark, indicating strong performance in the cryptocurrency market.<\/p>\n<p>In conclusion, the stock market today presents a mixed picture with potential for growth amid ongoing volatility. Investors are advised to keep a close eye on earnings reports, economic indicators, and policy developments as the market enters a new political era under the Trump administration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: January 17, 2025 As of Friday, January 17, 2025, U.S. stock futures are trading modestly higher, signaling a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94],"tags":[2206,4,3775,4020,225,364,373,633,716,828,829,1555],"class_list":["post-48759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-lrcx","tag-tsla","tag-ms","tag-tfc","tag-aapl","tag-stt","tag-unh","tag-nvda","tag-klac","tag-amat","tag-slb","tag-tsm"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/48759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=48759"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/48759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=48759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=48759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=48759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}