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Stock impact report

Stock market today: Tesla powers tech rally as Nasdaq snaps 5-day skid [Yahoo! Finance]

Spirit Airlines, Inc. (SAVE) 
Last spirit airlines, inc. earnings: 2/5 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.spirit.com
Company Research Source: Yahoo! Finance
The Nasdaq 100 rebounded after a more than 3% drop last week, which was partly influenced by the Fed's interest-rate outlook. Investors are eyeing Nvidia earnings and key economic data amid shifting rate cut expectations. US stocks traded mostly higher on Monday, partly driven by a surge in Tesla. Tesla stock jumped as much as 9% after a report said the incoming Trump administration was planning to ease regulations on autonomous vehicles. The Nasdaq 100 led the market higher, ending a five-day losing streak, while the S&P 500 gained slightly and the Dow Jones edged lower. The gains in the Nasdaq on Monday come after last week's more-than-3% decline, which was exacerbated by comments from Fed Chairman Jerome Powell. Powell said in a Thursday speech that the Fed can take its time in lowering interest rates. Investors are now pricing in a 59% chance of a 25-basis-point rate cut at December's Fed meeting, down from 80% before Powell's comments, according to the CME FedWatch Show less Read more
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