S&P 500 Dow Jones Nasdaq: Dow Jones crashes, S&P 500, Nasdaq slip as U.S. Stock market analysts make big prediction
S&P 500 fell 13.53 points to 6,963.74 points. The Dow Jones Industrial Average fell 398.21 to 49,191.99, and the Nasdaq composite index fell 24.03 to 23,709.87.
US companies are under pressure to deliver strong profits growth to justify stock prices reaching records. Analysts expect companies in the S&P 500 index to post 8.3% higher earnings per share in the final three months of 2025 than a year earlier, according to FactSet.
JPMorgan Chase helped kick off the latest reporting season by posting weaker profits and revenue than analysts expected. The stock fell 4.2%, one of the heaviest on the market.
The shortfall may be because some analysts did not update their forecasts to account for the earnings hit from the bank’s acquisition of the Apple Card credit card portfolio. CEO Jamie Dimon struck a relatively optimistic tone about the US economy, saying “consumers continue to spend and businesses remain healthy overall.”
Delta Air Lines lost 2.4% despite reporting stronger profit than analysts expected. Its revenue fell short of Wall Street’s expectations, and its profits in 2026 also came in at the midpoint of its forecast range.
Chipotle Mexican Grill lost 2.3% after saying it was looking for a new marketing chief, in a move that surprised analysts. On Wall Street’s winning side were several healthcare companies that raised their financial forecasts at an industry conference with analysts.
Moderna rose 17.1%, the biggest gain in the S&P 500, after it said in November that it expects to report revenue above the midpoint of its forecast range for 2025. He also offered updates on several products, including a seasonal flu vaccine that could potentially gain approval starting later this year.
Revenue rose 6% after the life sciences company said it expects to report profits above the high end of its previously given forecast range for 2025. Its fourth-quarter revenue forecast also beat analysts’ expectations.
Cardinal Health gained 2.8% after saying it expects to earn at least $10 in adjusted earnings per share in fiscal 2026.
