{"id":48956,"date":"2025-02-21T19:28:35","date_gmt":"2025-02-21T19:28:35","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-recap-sp-500-retreats-from-all-time-highs-amid-mixed-economic-data\/48956\/"},"modified":"2025-02-21T19:28:35","modified_gmt":"2025-02-21T19:28:35","slug":"market-recap-sp-500-retreats-from-all-time-highs-amid-mixed-economic-data","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-recap-sp-500-retreats-from-all-time-highs-amid-mixed-economic-data\/48956\/","title":{"rendered":"Market Recap: S&#038;P 500 Retreats from All-Time Highs Amid Mixed Economic Data"},"content":{"rendered":"<p>The U.S. stock market closed lower on Friday, February 21, 2025, as investors digested mixed economic data and corporate earnings reports. The <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a>, which had reached all-time highs earlier in the week, retreated from its record levels, while the <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average and Nasdaq Composite also ended the session in negative territory.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 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\/market-recap-sp-500-retreats-from-all-time-highs-amid-mixed-economic-data\/48956\/#Market_Performance\" >Market Performance<\/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\/market-recap-sp-500-retreats-from-all-time-highs-amid-mixed-economic-data\/48956\/#Economic_Data_and_Market_Movers\" >Economic Data and Market Movers<\/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\/market-recap-sp-500-retreats-from-all-time-highs-amid-mixed-economic-data\/48956\/#Corporate_Earnings_and_Stock_Movements\" >Corporate Earnings and Stock Movements<\/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\/market-recap-sp-500-retreats-from-all-time-highs-amid-mixed-economic-data\/48956\/#Sector_Performance\" >Sector Performance<\/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\/market-recap-sp-500-retreats-from-all-time-highs-amid-mixed-economic-data\/48956\/#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\/market-recap-sp-500-retreats-from-all-time-highs-amid-mixed-economic-data\/48956\/#Global_Trade_Concerns\" >Global Trade Concerns<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-recap-sp-500-retreats-from-all-time-highs-amid-mixed-economic-data\/48956\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Market_Performance\"><\/span>Market Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At the close of trading:<\/p>\n<p>&#8211; The <b>S&#038;P 500<\/b> declined 0.3% to 6,117.52 points<cscitation citation_id=\"task_1__1\"><\/cscitation><br \/>&#8211; The <b>Dow Jones Industrial Average<\/b> fell 0.7% or 347 points to 44,176.65<cscitation citation_id=\"task_1__2\"><\/cscitation><br \/>&#8211; The <b>Nasdaq Composite<\/b> slipped 0.1% to 19,962.36<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>The market&#8217;s performance was influenced by a combination of factors, including economic data releases, corporate earnings, and ongoing concerns about global trade policies.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Economic_Data_and_Market_Movers\"><\/span>Economic Data and Market Movers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Friday&#8217;s trading session was marked by the release of key economic indicators:<\/p>\n<p>1. <b>PMI Composite Flash<\/b>: The S&#038;P Global US Composite PMI for February came in lower than expected, indicating a slowdown in both manufacturing and services sectors<cscitation citation_id=\"task_2__1\"><\/cscitation>.<\/p>\n<p>2. <b>Existing Home Sales<\/b>: Data on existing home sales was released, providing insights into the health of the housing market<cscitation citation_id=\"task_2__1\"><\/cscitation>.<\/p>\n<p>3. <b>Consumer Sentiment<\/b>: The University of Michigan&#8217;s consumer sentiment index for February was published, offering a glimpse into consumer confidence levels<cscitation citation_id=\"task_2__1\"><\/cscitation>.<\/p>\n<p>These economic releases contributed to market volatility as investors assessed their implications for future economic growth and Federal Reserve policy.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_Earnings_and_Stock_Movements\"><\/span>Corporate Earnings and Stock Movements<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Several notable companies reported earnings, influencing individual stock performances:<\/p>\n<p>&#8211; <b>Vipshop Holdings Limited (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=VIPS\">VIPS<\/a>)<\/b>: The Chinese e-commerce company reported earnings before the market open, with analysts expecting a 14.47% decrease in earnings per share compared to the same quarter last year<cscitation citation_id=\"task_2__3\"><\/cscitation>.<\/p>\n<p>&#8211; <b>Balchem Corporation (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=BCPC\">BCPC<\/a>)<\/b>: The chemical company&#8217;s earnings were anticipated to show a 35.37% increase year-over-year<cscitation citation_id=\"task_2__3\"><\/cscitation>.<\/p>\n<p>&#8211; <b>UnitedHealth Group (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=UNH\">UNH<\/a>)<\/b>: The healthcare giant&#8217;s stock dropped more than 9%, weighing heavily on the Dow, following reports of a Justice Department investigation<cscitation citation_id=\"task_1__2\"><\/cscitation>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_Performance\"><\/span>Sector Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The market&#8217;s decline was broad-based, with most sectors of the S&#038;P 500 ending in negative territory:<\/p>\n<p>&#8211; <b>Financials<\/b> and <b>Consumer Discretionary<\/b> stocks were among the worst performers, with the Financial Select Sector SPDR (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=XLF\">XLF<\/a>) losing 1.5% and the Consumer Discretionary Select Sector SPDR (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=XLY\">XLY<\/a>) falling 0.9%<cscitation citation_id=\"task_1__1\"><\/cscitation>.<br \/>&#8211; The <b>Industrials<\/b> sector also saw significant declines, with the Industrials Select Sector SPDR (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=XLI\">XLI<\/a>) dropping 0.7%<cscitation citation_id=\"task_1__1\"><\/cscitation>.<\/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>Investors are looking ahead to several key events that could impact market sentiment in the coming days:<\/p>\n<p>1. <b>Federal Reserve Speeches<\/b>: Multiple Fed officials, including Philip Jefferson and Mary Daly, are scheduled to speak, potentially providing insights into future monetary policy decisions<cscitation citation_id=\"task_2__1\"><\/cscitation>.<\/p>\n<p>2. <b>Economic Data Releases<\/b>: The upcoming week will see important economic reports, including the Quarterly Services Survey and Baker Hughes Rig Count<cscitation citation_id=\"task_2__1\"><\/cscitation>.<\/p>\n<p>3. <b>Treasury Auctions<\/b>: The U.S. Treasury is set to hold several auctions, including a 7-year note announcement, which could influence bond yields and, consequently, equity markets<cscitation citation_id=\"task_2__1\"><\/cscitation>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_Trade_Concerns\"><\/span>Global Trade Concerns<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Market sentiment continues to be influenced by ongoing trade tensions. Recent announcements of tariffs on various imports, including pharmaceuticals, autos, and semiconductors, have raised concerns about a potential global trade war<cscitation citation_id=\"task_1__1\"><\/cscitation>. Investors remain cautious as they assess the potential impact on corporate earnings and global economic growth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As the market closes out another volatile week, investors are balancing positive corporate earnings against mixed economic data and trade concerns. The coming days will be crucial in determining whether the recent pullback is a temporary pause in the market&#8217;s upward trajectory or the beginning of a more significant correction. Traders and investors alike will be closely monitoring economic releases, Fed speeches, and global trade developments to gauge the market&#8217;s next move.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. stock market closed lower on Friday, February 21, 2025, as investors digested mixed economic data and corporate earnings [&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":[373,2005,3459,3773,3795,4110],"class_list":["post-48956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-unh","tag-xlf","tag-vips","tag-xli","tag-xly","tag-bcpc"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/48956","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=48956"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/48956\/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=48956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=48956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=48956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}