Stock Market Today: S&P 500, Nasdaq 100 Futures Gain, While Dow Slips Following NVDA Blockbuster Q2 Report— CRM, CRWD, HPQ in Focus
Key takeaways
- Tech earnings, especially NVDA’s strong Q2, are lifting the S&P 500 and Nasdaq 100, but the Dow’s slip shows mixed sentiment across sectors.
- Dow fell 0.07%
- S&P 500 rose 0.39%
- Nasdaq 100 rose 0.97%
What happened
U.S. stock futures were mixed Thursday: the Dow slipped 0.07%, while the S&P 500 rose 0.39% and the Nasdaq 100 jumped 0.97%. Nvidia Corp. (NVDA) surged 7.32% after reporting a better‑than‑expected Q2 and a strong Q3 revenue outlook. Salesforce (CRM) climbed 11.25% after beating earnings and revenue estimates and posting its strongest annual order value growth in four years. CrowdStrike (CRWD) advanced 8.36% on Q2 revenue of $1.47 billion versus $1.44 billion expected and adjusted earnings of…
Why it matters
The mixed futures reflect investor uncertainty after the day’s earnings, especially the outsized moves in NVDA, CRM, and CRWD that dominate the tech sector. NVDA’s strong guidance fuels expectations of continued AI‑driven growth, while CRM’s record order growth signals resilience in enterprise software. HP’s decline…
Short-term and longer-term
Short-term. Short‑term traders should focus on NVDA’s 7.32% jump and CRM’s 11.25% rally as potential catalysts for the Nasdaq 100.
Longer-term. Over the next few months, investors should assess whether NVDA’s AI‑driven revenue growth sustains its valuation premium, while CRM’s strong order pipeline may support long‑term earnings expansion.