logo
How Major US Stock Indexes Fared June 2

How Major US Stock Indexes Fared June 2

Epoch Times02-06-2025
U.S. stock indexes drifted closer to records, coming off their stellar May.
The S&P 500 rose 0.4 percent Monday. The Dow Jones Industrial Average edged up 0.1 percent, and the Nasdaq composite added 0.7 percent.
Each of the indexes had dropped nearly 1 percent in the morning following some discouraging updates on U.S. manufacturing. But stocks rallied back as the day progressed, and gains for a few influential Big Tech stocks helped the S&P 500 to rise even though the majority of stocks within it weakened.
On Monday:
The S&P 500 rose 24.25 points, or 0.4 percent, to 5,935.94.
The Dow Jones Industrial Average rose 35.41 points, or 0.1 percent, to 42,305.48.
The Nasdaq composite rose 128.85 points, or 0.7 percent, to 19,242.61.
The Russell 2000 index of smaller companies rose 3.88 points, or 0.2 percent, to 2,070.16.
For the year:
The S&P 500 is up 54.31 points, or 0.9 percent.
The Dow is down 238.74 points, or 0.6 percent.
The Nasdaq is down 68.18 points, or 0.4 percent.
The Russell 2000 is down 159.99 points, or 7.2 percent.
The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Travelzoo Q2 2025 Earnings Conference Call on July 23 at 11:00 AM ET
Travelzoo Q2 2025 Earnings Conference Call on July 23 at 11:00 AM ET

Yahoo

time5 minutes ago

  • Yahoo

Travelzoo Q2 2025 Earnings Conference Call on July 23 at 11:00 AM ET

NEW YORK, July 21, 2025 /PRNewswire/ -- Travelzoo® (NASDAQ: TZOO): WHAT: Travelzoo, the club for travel enthusiasts, will host a conference call to discuss the Company's financial results for the second quarter ended June 30, 2025. Travelzoo will issue a press release reporting its results before the market opens on July 23, 2025. WHEN: July 23, 2025 at 11:00 AM ET HOW: A live webcast of Travelzoo's Q2 2025 earnings conference call can be accessed at The webcast will be archived within 2 hours of the end of the call and will be available through the same link. CONTACT: Travelzoo Investor Relationsir@ About TravelzooWe, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travelers. Club Members receive Club Offers personally reviewed by our deal experts around the globe. We have our finger on the pulse of outstanding travel, entertainment, and lifestyle experiences. We work in partnership with thousands of top travel suppliers—our long-standing relationships give us access to irresistible deals. View original content to download multimedia: SOURCE Travelzoo Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Verizon Communications (VZ) Reports US$34 Billion Revenue In Q2 With US$5 Billion Net Income
Verizon Communications (VZ) Reports US$34 Billion Revenue In Q2 With US$5 Billion Net Income

Yahoo

time5 minutes ago

  • Yahoo

Verizon Communications (VZ) Reports US$34 Billion Revenue In Q2 With US$5 Billion Net Income

Verizon Communications recently reported solid financial growth for the second quarter of 2025 with increased revenues and earnings per share. Despite these strong results, Verizon's share price moved 1.78% last week amidst a broader market that reached new highs, with indices like the S&P 500 and Nasdaq advancing. This decline might seem counterintuitive given the optimism surrounding its earnings report, but it aligns with market volatility and investor reactions in a week filled with economic events and trade talks. Verizon's continued advancements, like new partnerships within its Frontline program, support its long-term growth prospects. We've discovered 2 risks for Verizon Communications that you should be aware of before investing here. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Verizon's recent financial growth, highlighted by increased revenues and earnings per share, coincides with a 1.78% movement in its share price last week against market highs. This contrast aligns with broader market volatility and investor sentiment driven by economic events. Over the past three years, Verizon's total shareholder return, including share price and dividends, was 11.61%. However, when examined against the US Telecom industry, which returned 19% over the past year, Verizon underperformed, reflecting challenges in capturing the full market momentum. The ongoing focus on network convergence and consumer retention, as outlined in the narrative, suggests potential positive impacts on both revenue and earnings forecasts. Analysts expect Verizon's earnings to grow annually, projecting earnings of US$21.7 billion by 2028 from the current US$17.78 billion. With a current PE ratio of 10.5x, these forecasts, if realized, reinforce the analysts' consensus price target of US$48.07. Presently, the share price of US$40.84 represents a discount of approximately 18.6% to the target, indicating the market might be pricing in perceived risks, such as regulatory challenges and competitive pressures. Nonetheless, the focus on network convergence and new revenue streams could alleviate some of these concerns in the longer term. In light of our recent valuation report, it seems possible that Verizon Communications is trading behind its estimated value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include VZ. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Alphabet earnings, Cleveland-Cliffs surges, CSX upgraded
Alphabet earnings, Cleveland-Cliffs surges, CSX upgraded

Yahoo

time5 minutes ago

  • Yahoo

Alphabet earnings, Cleveland-Cliffs surges, CSX upgraded

As part of Monday, July 21's Market Minute, Josh Lipton examines some of the top stories investors are watching. Alphabet (GOOG, GOOGL) stock climbs ahead of the Google parent company's earnings report on Wednesday. Cleveland-Cliffs (CLF) stock surges after reporting strong second quarter results. CSX Corporation (CSX) was upgraded to Buy from Hold by TD Cowen analysts. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for your Yahoo! Finance's Market Minute. US stocks rising with fresh records in sight for the S&P 500 and NASDAQ composite. Alphabet shares rising in today's trade. That's as analysts reiterate their bullish takes on the stock. Needham and Bank of America raising their price targets on that name. Needham noting Google Gemini should be one of two to four biggest winners of the generative AI tech wave. The bullish sentiment comes ahead of the company's quarterly earnings results on Wednesday. Cleveland-Cliffs reporting a beat on revenue and adjusted EBITDA for the second quarter. Company also highlighting it has started to see the positive impact that tariffs have on domestic manufacturing. And CSX getting an upgrade at TD Cowen. The firm lifting its rating on that stock from hold to buy. TD Cowen noting it sees the company as one of the railroads that is best set up next year for operational improvement. And that's your Yahoo! Finance market minute. For more on what's trending on Yahoo! Finance, scan the QR code below.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store