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The S&P 500 jumped 1.6% on Friday, February 28, while investors looked at geopolitical concerns in
The energy supplier AES has led higher stocks after having emitted a strong perspective fueled by optimism concerning the power needs of the AI data center.
NVIDIA-Partner NetApp dropped after the data storage supplier missed income expectations on the slowdown in sales growth.
The main American capital indices rallied in the last hours of Friday to close higher after a level between gains and losses during most of the last February session.
Actions have seen early gains following a tamed inflation report that has shown Price pressures were relieved in January. But the rally fogled after a controversial meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy threatened to sabotage a mineral rights agreement that could lead to a ceasefire plan with Russia. The main clues of the market recovered and loaded higher in late.
THE S&P 500 increased by 1.6% during the last negotiation session in February, but the reference index dropped by 1.4% during the month. THE Nasdaq It also increased by 1.6%, closing the month down approximately 4%. THE Industrial average Dow Jones increased by more than 600 points to add 1.4%, enough to display a positive week, but not enough to draw the first order index for the month.
AES (Stimulation) Directed the S&P 500 upwards, climbing 11.7% after publishing quarterly profits that have been beating expectations and offered solid prospects for the current year. The energy supplier said that AI data centers and new manufacturing factories were helping to stimulate demand. The company also said that it was working in onshore its supply chain for solar panels, batteries and other equipment to reduce tariff risks.
Edison International (Eix) Actions increased by 6% after the company said that the California forest insurance fund could help protect the balance sheet of the public electricity after fatal fires.
Eriée allowance (Erect) jumped 5.7% after the insurer posted profits that exceeded analysts’ expectations due to strong growth in operating and placement income. Revenues from the costs of managing emissions and renewals of policies have also jumped, although commission expenditure has also increased.
Monster Beverage (MNST) Actions increased by 5.3% after the manufacturer of energy drinks narrowly beat income growth projections. The leaders said that the company was able to compete with its rival Celsius Holdings (Celh), who recently acquired his Alani naked rapidly growing competitor.
Nvidia-Partner Netapp (Ntap) led the declins of the S&P 500, down 15.6% after the income from the data storage supplier lacked forecasts and its prospects weakened as sales growth has slowed down.