ABM Indus (NYSE:ABM) Bolsa

ABM Indus

ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, hospitals, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.

Lululemon

Equities

DOCU

GIII

LULU

MANU

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este viernes: ABM, DOCU, GIII, LULU y MANU.

5 acciones en el foco este viernes: ABM, DOCU, GIII, LULU y MANU

Acciones que seguir

Earnings

News

Pre-Market Outlook

Trading Ideas

ADBE

GRPN

SFIX

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este miércoles: ADBE, ABM, SFIX, GRPN y AEO.

5 acciones en el foco este miércoles: ADBE, ABM, SFIX, GRPN y AEO

Markets

AVGO

SWBI

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este viernes: ABM, AVGO, BIG, SWBI y BRC.

5 acciones en el foco este viernes: ABM, AVGO, BIG, SWBI y BRC

ABM Industries Inc

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ADVANCED BIOMEDICAL TECHS by Advanced BioMedical Technologies, Inc.

Advanced BioMedical Technologies Inc

HSF is proud to announce the renewal of its partnership with ABM Industries Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>), a global leader in facility, engineering, and infrastructure solutions. As part of this continued collaboration, ABM reaffirms its support of HSF with an annual commitment of $50,000.
This renewed investment underscores ABM's ongoing dedication to advancing education and workforce development, aligning with HSF's mission to equip students and families with the resources needed to successfully complete a higher education journey.
ABM's continued contributions will bolster HSF's comprehensive support services including leadership development, career guidance, and community engagement. These programs play a vital role in helping students excel in college and build successful careers.

HSF Renews Partnership With ABM Industries; ABM Reaffirms Support Of HSF With Annual Commitment Of $50K

Truist Securities analyst Jasper Bibb upgrades ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) from Hold to Buy and raises the price target from $55 to $58.

Upgrades

Price Target

Analyst Ratings

Truist Securities Upgrades ABM Indus to Buy, Raises Price Target to $58

New Relationship Expands ABM's Southeast Footprint, Bringing Essential Janitorial Services to Nashville's Most Dynamic Live-Work-Play Destination
ABM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>), a leading provider of facility services, has entered into a new strategic partnership with Nashville Yards. As part of the multi-year agreement, brokered by AEG Global Partnerships and Southwest Value Partners, ABM has been named an Official Partner of the 19-acre downtown development, further expanding its presence in Nashville and reinforcing its operational expertise in high-profile urban environments.

ABM Enters Into New Strategic Partnership With Nashville Yards, Expanding Urban Facility Services

ABM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>), a leading provider of facility, engineering, and infrastructure solutions, is proud to announce a new five-year partnership valued at approximately $125 million with Miami-Dade County to provide comprehensive janitorial, smart facility, and integrated maintenance services at Miami International Airport ("MIA"). This agreement includes the full deployment of ABM ConnectTM, the company's industry-leading technology and data intelligence platform, including the most integrated Smart Restroom monitoring solution ABM has implemented to date.
Through this new agreement, ABM will serve as a key partner in supporting MIA's <a href="https://www.globenewswire.com/Tracker?data=DLtbzWwPHxo5xt48DpQ3KhGjiCHZwyWClAspM-ozKVtkBTu-TCjloIAK3dmVEHrcuTSmQ1p8CTC295wsMDzCtxq42-pv59BrF21wDZ7w9whsneAr76vQlAbm_RBJD3iLiSksSl_5rZUAOREf8IzStg==">Modernization in Action (M.I.A.) Plan</a> — delivering advanced, data-driven service models that enhance passenger experience, support long-term infrastructure goals, and promote inclusive economic growth in the South Florida region.

Contracts

ABM Secures $125M 5-Year Deal With Miami-Dade To Deliver Smart Facility And Maintenance Services At Miami International Airport

Management

ABM Promotes David Orr To EVP And CFO, Succeeding Earl Ellis

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Seaport Global analyst Jeff Campbell upgraded the rating for Oklo Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) from Neutral to Buy and announced a $71 price target. Oklo shares closed at $50.26 on Friday. <a href="https://www.benzinga.com/quote/OKLO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>DA Davidson analyst Peter Winter upgraded Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>) from Neutral to Buy and raised the price target from $42 to $47. Fifth Third Bancorp shares closed at $39.41 on Friday. <a href="https://www.benzinga.com/quote/FITB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Laurence Alexander upgraded the rating for Quaker Chemical Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWR#NYSE">KWR</a>) from Hold to Buy and boosted the price target from $115 to $146. Quaker Houghton shares closed at $109.67 on Friday. <a href="https://www.benzinga.com/quote/KWR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird analyst Andrew Wittmann upgraded ABM Industries Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) from Neutral to Outperform and maintained the price target of $56. ABM shares closed at $46.61 on Friday. <a href="https://www.benzinga.com/quote/ABM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS analyst Caio Greiner upgraded the rating for Gerdau S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GGB#NYSE">GGB</a>) from Neutral to Buy and raised the price target from $2.9 to $3.8. Gerdau shares closed at $2.9650 on Friday. <a href="https://www.benzinga.com/quote/GGB/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying FITB stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/FITB/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="582" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09110647/image-117-1024x582.png" alt="" class="wp-image-943360" style="width:656px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09110647/image-117-1024x582.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09110647/image-117-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09110647/image-117-768x436.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/09110647/image-117.png 1112w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45811726/cramer-says-hes-not-going-to-really-want-to-do-a-lot-of-china-right-now">Cramer Says He&#8217;s &#8216;Not Going To Really Want To Do A Lot Of China Right Now&#8217;</a> </li>
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Photo via Shutterstock

FITB

OKLO

This Fifth Third Bancorp Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Baird analyst Andrew Wittmann upgrades ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) from Neutral to Outperform and maintains the price target from $56 to $56.

Baird Upgrades ABM Indus to Outperform, Maintains Price Target to $56

UBS analyst Joshua Chan upgrades ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) from Neutral to Buy and raises the price target from $50 to $54.

UBS Upgrades ABM Indus to Buy, Raises Price Target to $54

U.S. stock futures were flat on Monday after closing higher on Friday. Futures of major benchmark indices were mixed in premarket.
The S&amp;P 500 scaled the 6,000 points mark on Friday as Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rebounded after tensions between Elon Musk and President Donald Trump <a href="https://www.benzinga.com/news/politics/25/06/45807968/trump-signals-truce-with-elon-musk-after-online-feud-its-going-very-well-never-done-better">cooled down</a> after a public spat on Thursday.
Friday&#8217;s <a href="https://www.benzinga.com/markets/economic-data/25/06/45818251/trump-cheers-strong-jobs-data-renews-attack-on-feds-powell-rates-should-be-much-lower">jobs report</a> also saw the economy adding 139,000 jobs versus the expectation of 130,000 in May, cheering the equities.
The investors will be on the lookout for May&#8217;s inflation print, which will be announced later this week on Wednesday.
The 10-year Treasury bond yielded 4.48% and the two-year bond was at 4.01%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 99.9% likelihood of the Federal Reserve keeping the current interest rates unchanged in its June meeting.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.12%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.11%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.01%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.76%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were mixed in premarket on Monday. The SPY was up 0.11% at $599.78, while the QQQ declined 0.0038% to $529.90, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
All sectors on the S&amp;P 500 closed <a href="https://www.benzinga.com/markets/equities/25/06/45831332/sp-500-hits-6000-level-following-positive-jobs-data-investor-sentiment-improves-fear-index-remains-in-greed-zone">positively on Friday</a>, led by significant gains in consumer discretionary, energy, and communication services stocks.
However, not all individual companies fared as well. ABM Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) shares dropped over 9% after the company released its second-quarter results, and DocuSign Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) stock plunged 19% following its first-quarter earnings report.
This market reaction followed the release of upbeat jobs data: <a href="https://www.benzinga.com/markets/economic-data/25/06/45818251/trump-cheers-strong-jobs-data-renews-attack-on-feds-powell-rates-should-be-much-lower">nonfarm payrolls increased</a>, surpassing the consensus expectation in May. 
Additionally, average hourly earnings rose by 0.4% in May, marking the strongest monthly increase since January and exceeding the anticipated 0.3%. The U.S. unemployment rate remained steady at 4.2% for May.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>1.20%</td>
<td>19,529.95</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>1.03%</td>
<td>6,000.36</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>1.05%</td>
<td>42,762.87</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.66%</td>
<td>2,132.25</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
After Friday&#8217;s rally, Ryan Detrick took to X and listed the global markets that hit new all-time highs last week.
He said, &#8220;When the US gets to new highs, it really shouldn&#8217;t be a surprise, as the whole globe is in a bull market.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">What do Pakistan, Sri Lanka, Canada, South Korea, Ireland, Peru, Mexico, Brazil, South Africa, and Israel all have in common? They all hit new all-time highs last week. When the US gets to new highs, it really shouldn&#39;t be a surprise, as the whole globe is in a bull market.
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1931917377651827147?ref_src=twsrc%5Etfw">June 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He also reshared a post highlighting the strength of retail investor participation in the month of May.
The J.P. Morgan data highlighted in the post shows that retail investors bought $23 billion worth of securities in May, which was $17 billion less than March and April, but it aligned with the average monthly net imbalance for the year of $25 billion.
Despite a slowdown in retail buying in May, Detrick underscored the resilience of retail investors.
&#8220;Retail kept buying in May, even as most on Wall Street told them not to at the start of the month,&#8221; he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Retail kept buying in May, even as most on Wall Street told them not to at the start of the month. <a href="https://t.co/IGWOgrxl6c">https://t.co/IGWOgrxl6c</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1931912998416687138?ref_src=twsrc%5Etfw">June 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Brock Weimer, the investment strategist at Edward Jones, highlighted that the S&amp;P 500 is set to post earnings growth of nearly 13% in the first quarter, marking the third double-digit earnings growth in the past four quarters.
While earnings estimates have been revised lower for the quarters ahead, full-year estimates are still calling for earnings growth of around 9% for the S&amp;P 500.
&#8220;In our view, single-digit earnings growth is attainable in 2025, given the resilient economic backdrop, which should offer support to equity markets amid the uncertain policy environment,&#8221; he said.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on this week:
<ul class="wp-block-list">
<li>On Monday, April&#8217;s wholesale inventories data will be released by 10:00 a.m. ET.</li>
<li>On Tuesday, May&#8217;s NFIB optimism index data will be out by 6:00 a.m. ET.</li>
<li>On Wednesday, May&#8217;s headline and core consumer price index data will be released by 8:30 a.m. ET.</li>
<li>May&#8217;s monthly U.S. federal budget data will be announced by 2:00 p.m. ET.</li>
</ul>
<ul class="wp-block-list">
<li>On Thursday, the initial jobless claims data for the week ended June 7 and the headline and core producer price index data for May will be released by 8:30 a.m. ET.</li>
<li>On Friday, the preliminary consumer sentiment data for June will be announced at 10:00 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>Motorcar Parts of America Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPAA#NASDAQ">MPAA</a>) jumped 4.45% in premarket on Monday as analysts expect it to report quarterly earnings of 20 cents per share on revenue of $190.70 million, before the opening bell.</li>
<li>Graham Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHM#NYSE">GHM</a>) gained 4.86% ahead of its earnings, which are supposed to be released before the opening bell. Analysts expect earnings of 19 cents per share on revenue of $55.67 million.</li>
<li>Children&#8217;s Place Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) dropped 22.89% after posting weaker-than-expected results for its first quarter after the closing bell on Friday. The company reported quarterly losses of $1.52 per share, which missed the analyst consensus estimate of losses of 51 cents per share.</li>
<li>IonQ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) rose 3.46% after announcing an agreement to acquire Oxford Ionics.</li>
<li>CERo Therapeutics Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CERO#NASDAQ">CERO</a>) tumbled 15.01% after issuing additional preferred stock shares to institutional investors for ip to $8 million.</li>
<li>IN8bio Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INAB#NASDAQ">INAB</a>) slumped 14.63% after announcing a 1-for-30 reverse stock split effective June 5, 2025.</li>
<li>Davis Commodities Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTCK#NASDAQ">DTCK</a>) dropped 15.47% after securing approval for a $30 million fundraising plan, with a strategic focus on establishing Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reserves.</li>
<li>Silo Pharma Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SILO#NASDAQ">SILO</a>) slipped 14.73% after announcing an approval for the purchase of up to $1 million in Bitcoin as a treasury reserve asset.</li>
<li>Opendoor Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NASDAQ">OPEN</a>) plunged 13.58% after filing a preliminary proxy statement seeking shareholder approval for a potential reverse stock split at its Special Meeting on July 28.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 0.03% to hover around $64.60 per barrel.
Gold Spot US Dollar rose 0.33% to hover around $3,321.09 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.35% at the 98.8460 level.
Asian markets ended higher on Monday except Australia's ASX 200 index. Japan's Nikkei 225, India's S&amp;P BSE Sensex, South Korea's Kospi, China&#8217;s CSI 300, and Hong Kong's Hang Seng indices rose. European markets were mixed in early trade.
Read Next:
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<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45832125/as-trump-flames-powell-for-holding-back-on-rate-cuts-economists-divided-on-feds-app">As Trump Flames Powell For Holding Back On Rate Cuts, Economists Divided On Fed&#8217;s Approach</a><span class="author" style="box-sizing: border-box; border: 0px solid rgb(229, 231, 235); --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgb(59 130 246/0.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ; --tw-contain-size: ; --tw-contain-layout: ; --tw-contain-paint: ; --tw-contain-style: ;"></li>
</ul>
Photo courtesy: godongphoto / Shutterstock.com

$BTC

CERO

DTCK

INAB

IONQ

MPAA

OPEN

PLCE

SILO

TSLA

US Stocks Likely To Open On A Mixed Note After S&P 500 Scales 6,000-Mark: 'Whole Globe Is In A Bull Market'

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Friday.
U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 400 points during the session following the release of jobs data.
Nonfarm payrolls rose by 139,000 in May, beating consensus expectations of 130,000, according to data released Friday by the Bureau of Labor Statistics. Average hourly earnings rose 0.4% in May, the strongest monthly increase since January and ahead of the expected 0.3%. The US unemployment rate came in steady at 4.2% for May.
Shares of ABM Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) fell more than 9% on Friday after the company reported results for the second quarter. DocuSign Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) shares dipped 19% during the session following first-quarter results.
All sectors on the S&amp;P 500 closed on a positive note, with consumer discretionary, energy and communication services stocks recording the biggest gains on Friday.
The Dow Jones closed higher by around 443 points to 42,762.87 on Friday. The S&amp;P 500 rose 1.03% to 6,000.36, while the Nasdaq Composite climbed 1.20% to 19,529.95 during Friday's session.
Investors are awaiting earnings results from Motorcar Parts of America Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPAA#NASDAQ">MPAA</a>), Graham Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHM#NYSE">GHM</a>) and Casey&#8217;s General Stores Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASY#NASDAQ">CASY</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 63.3, the index remained in the &#8220;Greed&#8221; zone on Friday, versus a prior reading of 59.4.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45811726/cramer-says-hes-not-going-to-really-want-to-do-a-lot-of-china-right-now">Cramer Says He&#8217;s &#8216;Not Going To Really Want To Do A Lot Of China Right Now&#8217;</a> </li>
</ul>
Photo courtesy: Shutterstock

CASY

S&P 500 Hits 6,000 Level Following Positive Jobs Data: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone

Wall Street surged into rally mode during the final trading session of the week as better-than-expected jobs data helped ease fears <a href="https://www.benzinga.com/markets/economic-data/25/06/45818251/trump-cheers-strong-jobs-data-renews-attack-on-feds-powell-rates-should-be-much-lower">of an economic slowdown.</a>
In May, nonfarm payrolls increased by 139,000—a slight dip from April's downwardly revised 147,000, but above economist forecasts of 130,000. The unemployment rate held steady at 4.2%, while wage growth beat expectations, signaling a potential<a href="https://www.benzinga.com/markets/economic-data/25/06/45812372/us-labor-markets-defies-tariff-concerns-as-nonfarm-payrolls-wages-top-expectations-in-may"> boost to consumer spending.</a>
The S&amp;P 500 rose 0.9% nearing the 6,000 mark, its highest level since Feb. 24. The Nasdaq 100 climbed 1% to over 21,720, putting tech stocks within striking distance—just 2 percentage points—of record highs.
In equities, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rebounded 5.6%, partially recovering from Thursday's 14% plunge triggered by a high-profile clash between Elon Musk and President Donald Trump. Cooler rhetoric on Friday helped sentiment, after the White House said no call between Trump and Musk was currently planned.
Stronger-than-expected economic data also lifted the U.S. dollar and Treasury yields, with the 10-year yield climbing 10 basis points to 4.5%.
Gold dropped 0.9% to $3,321, heading for its worst session of the week. In contrast, crude oil rallied 2.5% to nearly $65 a barrel—its highest since early April—on signs of easing geopolitical risk as Trump and Chinese President Xi Jinping agreed to meet, calming market fears of a renewed tariff war that could dent global energy demand.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) advanced 3.4% to $105,000, nearly erasing Thursday's decline.
Read also: <a href="https://www.benzinga.com/news/politics/25/06/45817556/trump-musk-feud-sends-betting-markets-into-overdrive-heres-what-traders-see-next">Trump-Musk Feud Sends Betting Markets Into Overdrive: Here&#8217;s What Traders See Next</a>
<h3 class="wp-block-heading">Friday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg (%)</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,126.31</td>
<td>1.4%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,727.92</td>
<td>1.0%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,993.56</td>
<td>0.9%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,648.75</td>
<td>0.8%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:40 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul class="wp-block-list">
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.8% to $597.90.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.8% to $427.22.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.9% to $529.17.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1.4% to $211.34.</li>
<li>The&nbsp;Energy&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 2%; the&nbsp;Utilities&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 0.1%.</li>
</ul>
<h3 class="wp-block-heading">Friday&#8217;s Stock Movers</h3>
<ul class="wp-block-list">
<li>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) fell 4% despite slightly beating the Street&#8217;s estimates on both sales and earnings last quarter.</li>
<li>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) tumbled 20% as strong first-quarter results were overshadowed by a lowered full-year profit outlook, driven by rising tariff costs and increased markdowns.</li>
<li>Other stocks reacting to earnings included DocuSign, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) down 18.4%, Vail Resorts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTN#NYSE">MTN</a>) down 3.7%, Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>), down 4.9% and ABM Industries Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) down 14.5%. </li>
</ul>
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Image created using artificial intelligence via Midjourney.

Government

Large Cap

Macro Economic Events

Regulations

Broad U.S. Equity ETFs

Small Cap

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Econ #s

Economics

Tech

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Select Sector SPDR-Consumer Discretionary

Stocks Rally On Strong Jobs Numbers; Tesla Rebounds As Trump-Musk Feud Softens: What's Driving Markets Friday?

<h3>Gainers</h3>
<ul>
<li>FuelCell Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCEL#NASDAQ">FCEL</a>) shares rose 36.5% to $7.1 during Friday's regular session. The company's market cap stands at $150.1 million. As per the press release, Q2 earnings came out today. </li>
<li>Byrna Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYRN#NASDAQ">BYRN</a>) stock rose 24.16% to $32.99. The market value of their outstanding shares is at $747.7 million. </li>
<li>NET Power (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NPWR#NYSE">NPWR</a>) stock moved upwards by 21.81% to $2.62. The market value of their outstanding shares is at $203.5 million. </li>
<li>Palladyne AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDYN#NASDAQ">PDYN</a>) stock rose 20.83% to $9.95. The market value of their outstanding shares is at $355.1 million. </li>
<li>AgEagle Aerial Sys (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UAVS#AMEX">UAVS</a>) stock rose 17.45% to $1.25. The market value of their outstanding shares is at $17.3 million. </li>
<li>CleanCore Solutions (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ZONE#AMEX">ZONE</a>) stock moved upwards by 17.42% to $4.11. The market value of their outstanding shares is at $32.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Northann (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/NCL#AMEX">NCL</a>) shares decreased by 80.0% to $0.27 during Friday's regular session. The company's market cap stands at $14.9 million. </li>
<li>Marwynn Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MWYN#NASDAQ">MWYN</a>) stock declined by 70.29% to $2.93. The market value of their outstanding shares is at $49.9 million. </li>
<li>ATIF Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZBAI#NASDAQ">ZBAI</a>) stock declined by 31.4% to $0.49. The company's market cap stands at $8.5 million. </li>
<li>Concrete Pumping Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBCP#NASDAQ">BBCP</a>) stock decreased by 17.64% to $5.84. The company's market cap stands at $309.8 million. As per the news, the Q2 earnings report came out yesterday. </li>
<li>ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) stock fell 14.74% to $43.7. The company's market cap stands at $2.7 billion. As per the press release, Q2 earnings came out today. </li>
<li>ZJK Industrial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZJK#NASDAQ">ZJK</a>) stock fell 13.21% to $4.69. The market value of their outstanding shares is at $287.6 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

BBCP

BYRN

FCEL

MWYN

Nuveen Insured California Premium Fund Ii

NPWR

PDYN

UAVS

ZBAI

ZONE

12 Industrials Stocks Moving In Friday's Intraday Session

U.S. stocks traded higher midway through trading, with the Nasdaq Composite jumping more than 1% on Friday.
The Dow traded up 1.05% to 42,765.32 while the NASDAQ gained 1.31% to 19,551.81. The S&amp;P 500 also rose, gaining, 1.10% to 6,004.74.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45811726/cramer-says-hes-not-going-to-really-want-to-do-a-lot-of-china-right-now">Cramer Says He&#8217;s &#8216;Not Going To Really Want To Do A Lot Of China Right Now&#8217;</a>
Leading and Lagging Sectors Energy shares jumped by 2% on Friday.
In trading on Friday, utilities stocks fell by 0.2%.
Top Headline
Shares of ABM Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) fell more than 13% on Friday after the company reported results for the second quarter.
Revenue grew 4.6% year over year (Y/Y) to $2.11 billion, beating the consensus of $2.06 billion. This was led by organic growth of 3.8% and a 0.8% contribution from acquisitions. Adjusted EPS of 86 cents was in line with the consensus.
For FY25, ABM reiterated the adjusted EPS outlook at $3.65 to $3.80 versus the consensus of $3.77. The company continues to see an adjusted EBITDA margin of 6.3%- 6.5%.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul class="wp-block-list">
<li>Quanex Building Products Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NX#NYSE">NX</a>) shares shot up 20% to $20.52 after the company reported better-than-expected second-quarter financial results.</li>
<li>Shares of Davis Commodities Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTCK#NASDAQ">DTCK</a>) got a boost, surging 50% to $0.9018 after the company announced approval of $30 million fundraising plan to establish Bitcoin reserves to strengthen asset allocation.</li>
<li>Venus Concept Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERO#NASDAQ">VERO</a>) shares were also up, gaining 17% to $2.80 after the company announced it entered into a definitive agreement to sell its Venus Hair business to Meta Healthcare Group.</li>
</ul>
Equities Trading DOWN
<ul class="wp-block-list">
<li>Vera Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERA#NASDAQ">VERA</a>) shares dropped 29% to $21.73.</li>
<li>Shares of lululemon athletica inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) were down 20% to $263.96 after the company reported first-quarter financial results and issued its second-quarter GAAP EPS results below estimates. Also, the company cut its FY25 GAAP EPS guidance below estimates.</li>
<li>DocuSign, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) was down, falling 18% to $75.79 following first-quarter results.</li>
</ul>
Commodities In commodity news, oil traded up 2% to $64.65 while gold traded down 0.6% at $3,355.20.
Silver traded up 1.2% to $36.22 on Friday, while copper fell 0.9% to $4.8885.
Euro zone
European shares were mostly higher today. The eurozone's STOXX 600 rose 0.32%, while Spain's IBEX 35 Index rose 0.31%. London's FTSE 100 rose 0.30%, Germany's DAX 40 fell 0.08% and France's CAC 40 rose 0.19% during the session.
Asia Pacific Markets
Asian markets closed mostly higher on Friday, with Japan's Nikkei gaining 0.50%, Hong Kong's Hang Seng Index falling 0.48%, China's Shanghai Composite gaining 0.04% and India's BSE Sensex gaining 0.92%.
Economics
<ul class="wp-block-list">
<li>Nonfarm payrolls rose by 139,000 in May, beating consensus expectations of 130,000, according to data released Friday by the Bureau of Labor Statistics.</li>
<li>Average hourly earnings rose 0.4% in May, the strongest monthly increase since January and ahead of the expected 0.3%.</li>
<li>The US unemployment rate came in steady at 4.2% for May.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45813240/top-2-energy-stocks-that-may-fall-off-a-cliff-in-q2">Top 2 Energy Stocks That May Fall Off A Cliff In Q2</a> </li>
</ul>
Photo via Shutterstock

Eurozone

VERA

VERO

Crude Oil Gains 2%; ABM Industries Shares Plunge After Q2 Results

WIIM

ABM Industries shares are trading lower following Q2 reported financial results.

ABM Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) shares are trading higher after the company reported <a href="https://www.benzinga.com/pressreleases/25/06/g45810220/abm-reports-fiscal-second-quarter-2025-results" target="_blank" rel="noreferrer noopener">second-quarter FY25 earnings</a>.
Revenue grew 4.6% year over year (Y/Y) to $2.11 billion, beating the consensus of $2.06 billion. This was led by organic growth of 3.8% and a 0.8% contribution from acquisitions.
Revenue growth was driven by Technical Solutions (+19.3%&nbsp;Y/Y) and Aviation (+9.2%&nbsp;Y/Y), with Business &amp; Industry revenue rising&nbsp;2.6%&nbsp;Y/Y.
ABM CEO Scott Salmirs said the company secured $1.1 billion in new bookings through the first half of the year. That&#8217;s an 11% increase year over year. 
Operating profit rose&nbsp;1.2%&nbsp;Y/Y to&nbsp;$82.3 million&nbsp;in the quarter. Adjusted EBITDA rose to&nbsp;$125.9 million&nbsp;from&nbsp;$121.0 million&nbsp;a year ago quarter, with the adjusted EBITDA margin stood at&nbsp;6.2% (flat Y/Y).
Adjusted EPS of&nbsp;86 cents was<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener"> in line with the consensus</a>.
Notably, following discussions with SEC, the company revised its non-GAAP financial measures to include &#8220;prior year self-insurance adjustments&#8221; (net changes to prior claims reserves), which applies to second quarter 2025 results and retroactively to all periods for comparability.
Consequently, the second quarter 2024 results-adjusted financials now show $4.3 million (or $0.05/share) in unfavorable prior-year self-insurance adjustments as corporate costs; the change didn&#8217;t impact&nbsp;&nbsp;second quarter 2025.
Net cash used in operating activities was&nbsp;$32.3&nbsp;million, and free cash flow was $15.2&nbsp;million, primarily reflecting an increase in working capital due to the transition to the new enterprise resource planning (ERP) system.
As of quarter-end, ABM held cash and cash equivalents of&nbsp;$58.7 million.
Dividend: ABM declared a cash dividend of $0.265 per common share, payable on August 4. Shareholders must be on record as of July 3, 2025.
FY25 Outlook:&nbsp;ABM reiterated the adjusted EPS&nbsp;outlook&nbsp;at&nbsp;$3.65<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">&nbsp;to&nbsp;$3.80&nbsp;versus the consensus of&nbsp;$3.77</a>.
The company continues to see an adjusted EBITDA margin of&nbsp;6.3%-&nbsp;6.5%.
Salmirs added, "We remain constructive on the outlook for our core markets, particularly high-quality office buildings, manufacturing and distribution facilities, commercial aviation, and microgrids. Further, projects delayed in the second quarter are expected to be realized in the third quarter."
Investors can gain exposure to the stock via&nbsp;VanEck Environmental Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVX#NYSE">EVX</a>) and Listed Funds Trust Dividend Performers ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IPDP#BATS">IPDP</a>).
Price Action:&nbsp;ABM shares are up&nbsp;0.06%&nbsp;at&nbsp;$51.26 premarket at the last check Friday.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/25/06/45809783/us-stocks-likely-to-open-higher-traders-have-become-jaded-about-trumps-tumultuous-trade-dealmaking-says-expert" target="_blank" rel="noreferrer noopener">US Stocks Likely To Open Higher: &#8216;Traders Have Become Jaded About Trump&#8217;s Tumultuous Trade Dealmaking,&#8217; Says Expert</a></li>
</ul>
Image: Shutterstock

Mid Cap

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Market Vectors Environmental Services Index Fund

Listed Funds Trust Dividend Performers ETF

IPDP

ABM Industries Cleans Up In Q2: Revenue Soars Past Estimates On Tech, Aviation Growth

ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) affirms FY2025 Adj EPS guidance from $3.65-$3.80 to $3.65-$3.80 vs $3.77 analyst estimate..

ABM Indus Affirms FY2025 Adj EPS Guidance of $3.65-$3.80 vs $3.77 Est

ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) reported quarterly earnings of $0.86 per share which met the analyst consensus estimate. This is a 1.15 percent decrease over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $2.11 billion which beat the analyst consensus estimate of $2.06 billion by 2.47 percent. This is a 4.64 percent increase over sales of $2.02 billion the same period last year.

Earnings Beats

ABM Indus Q2 Adj. EPS $0.86, Inline, Sales $2.11B Beat $2.06B Estimate

U.S. stock futures rose on Friday after closing lower on Thursday. Futures of major benchmark indices advanced in premarket.
This came after President Donald Trump hinted at a <a href="https://www.benzinga.com/news/politics/25/06/45807968/trump-signals-truce-with-elon-musk-after-online-feud-its-going-very-well-never-done-better">possible reconciliation</a> with Elon Musk following a public spat. In an interview with Politico <a href="https://www.politico.com/news/2025/06/05/trump-white-house-aides-signal-a-possible-detente-with-musk-00391502">on</a> Thursday, Trump was unfazed about the questions on his feud with Musk, stating, &#8220;Oh it&#8217;s okay.&#8221; 
"It's going very well, never done better,&#8221; he said as his aides have scheduled a call with Musk to potentially resolve the conflict.
The disagreement between the two influential figures stemmed from Trump&#8217;s &#8220;big beautiful bill,&#8221; a legislative proposal outlining his presidential agenda. Their exchanges grew increasingly bitter, leading aides and allies to step in. Ultimately, Musk indicated a willingness to reconcile.
The investors will be on the lookout for May&#8217;s U.S. employment report, slated to be released later today. The nonfarm payrolls are expected to rise by 130,000, down from April&#8217;s 170,000 gain.
The 10-year Treasury bond yielded 4.38% and the two-year bond was at 3.92%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 97.6% likelihood of the Federal Reserve keeping the current interest rates unchanged in its June meeting.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.35%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.42%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.41%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.60%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Friday. The SPY was up 0.43% at $595.60, while the QQQ advanced 0.45% to $527.14, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
Communication services stocks on the S&amp;P 500 closed higher on Thursday, bucking the overall market trend as most sectors, particularly consumer discretionary, materials, and consumer staples, recorded losses.
U.S. stocks settled lower, with the S&amp;P 500 registering declines, notably impacted by a drop in Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares.
Individual corporate news also contributed to the market&#8217;s slide; Ciena Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) shares fell 13% after the company announced disappointing earnings for its fiscal second quarter.
Similarly, PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) shares tumbled 18% following a reduction in its fiscal year 2025 guidance and a second-quarter adjusted EPS forecast that both fell below analyst estimates.
On the economic data front, unit labor costs in the U.S. nonfarm business sector saw a 6.6% increase during the first quarter, while labor productivity in the same sector declined by 1.5%.
Conversely, the U.S. trade deficit narrowed to $61.6 billion in April, marking its lowest point since September 2023.
The Dow Jones index ended 108 points or 0.25% lower at 42,319.74, whereas the S&amp;P 500 index fell 0.53% to 5,939.30. Nasdaq Composite declined 0.83% to 19,298.45, and the small-cap gauge, Russell 2000, dropped 0.054% to end at 2,097.35.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.83%</td>
<td>19,298.45</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.53%</td>
<td>5,939.30</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.25%</td>
<td>42,319.74</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.054%</td>
<td>2,097.35</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
&#8220;Stock, bond, currency, and commodity traders have become jaded about Trump&#8217;s tumultuous trade dealmaking,&#8221; said Ed Yardeni in his daily note.
According to him, even the rising concerns about a shortage of Chinese rare earth minerals, which are needed by several U.S. manufacturers, haven&#8217;t fazed the stock market so far.
He said that &#8220;Investors seem to be more focused on whether the US economy is slowing or not.&#8221;
Yardeni stated that stock and bond prices would likely stay firm if today&#8217;s payroll employment report exceeds 100,000.
However, the report &#8220;isn&#8217;t likely to resolve the debate about the labor market,&#8221; he added, saying that he anticipates that it will be better than expected.&#8221;
Meanwhile, Louis Navellier said that he remains optimistic that the tariff confusion will dissipate in the upcoming months.
&#8220;I expect inflation will remain low due to (1) lower crude oil prices, (2) deflation from China, and (3) excess inventories from the dumping of goods in the first quarter,&#8221; he said.
He also added that resurging consumer confidence and rising personal income are a powerful &#8216;one-two&#8217; punch that will sustain strong economic growth. ﻿
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Friday:
<ul class="wp-block-list">
<li>May&#8217;s U.S. employment report, unemployment rate, and hourly wages data will be released by 8:30 a.m. ET.</li>
<li>April&#8217;s consumer credit data will be announced at 3:00 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>ABM Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) rose 1.97% in premarket on Friday as analysts expect it to report quarterly earnings of 86 cents per share on revenue of $2.06 billion, before the opening bell.</li>
<li>G-III Apparel Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) was up 0.43% ahead of its earnings, which are supposed to be released before the opening bell. Analysts expect earnings of 12 cents per share on revenue of $580.37 million.</li>
<li>Manchester United PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) was 0.07% above the flatline as analysts expect it to report a quarterly loss of 33 cents per share on revenue of $202.47 million, before the opening bell.</li>
<li>Docusign Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) slumped 18.91% after reducing its billings guidance for the full year, despite reporting stronger-than-expected first-quarter results.</li>
<li>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) crashed 21.39% as it lowered its full-year earnings forecast to $14.58 to $14.78 per share, down from prior guidance of $14.95 to $15.15 per share.</li>
<li>FuelCell Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCEL#NASDAQ">FCEL</a>) rose 2.12% ahead of its earnings, which are supposed to be released before the opening bell. Analysts expect a quarterly loss of $1.38 per share on revenue of $32.42 million.</li>
<li>Rent the Runway Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RENT#NASDAQ">RENT</a>) jumped 20.03% as it forecasted double-digit subscriber growth in 2025 during its earnings.</li>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) was up 5.18% after a possibility of reconciliation with Trump following Thursday&#8217;s online feud. </li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 0.60% to hover around $62.99 per barrel.
Gold Spot US Dollar rose 0.13% to hover around $3,357.15 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was higher by 0.26% at the 98.9970 level.
Asian markets were mixed on Thursday as Japan's Nikkei 225, India's S&amp;P BSE Sensex, and South Korea's Kospi indices rose. Whereas, Australia's ASX 200, China&#8217;s CSI 300, and Hong Kong's Hang Seng indices fell. European markets were also mixed in early trade.
Read Next:
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<li><a href="https://www.benzinga.com/markets/market-summary/25/06/45809203/investors-pay-the-price-as-musk-trump-war-of-words-escalates-once-allies-now-foes-their-linked-stocks-crypto-and-funds-wipe-out-155-billion-in-a-single-day">Investors Pay The Price As Musk-Trump War Of Words Escalates: Once Allies, Now Foes, Their Linked Stocks, Crypto And Funds Wipe Out $155 Billion In A Single Day </a></li>
</ul>
Photo courtesy: godongphoto / Shutterstock.com

CIEN

RENT

US Stocks Likely To Open Higher: 'Traders Have Become Jaded About Trump's Tumultuous Trade Dealmaking,' Says Expert

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Thursday.
U.S. stocks settled lower on Thursday, with the S&amp;P 500 recording losses following a decline in Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares.
Ciena Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) shares dipped 13% on Thursday after the company reported downbeat earnings for its fiscal second quarter. PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) tumbled 18% after the company cut its FY25 guidance below estimates and issued second-quarter adjusted EPS guidance below estimates.
On the economic data front, unit labour costs in the US nonfarm business sector rose 6.6% during the first quarter, while nonfarm business sector labor productivity in the U.S. declined by 1.5% in the first quarter. The U.S. trade gap shrank to $61.6 billion in April, recording the lowest level since September 2023.
Most sectors on the S&amp;P 500 closed on a negative note, with consumer discretionary, materials and consumer staples stocks recording the biggest losses on Thursday. However, communication services stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 108 points to 42,319.74 on Thursday. The S&amp;P 500 fell 0.53% to 5,939.30, while the Nasdaq Composite dipped 0.83% to 19,298.45 during Thursday's session.
Investors are awaiting earnings results from ABM Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>), G-III Apparel Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) and Manchester United plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 58.3, the index remained in the &#8220;Greed&#8221; zone on Thursday, versus a prior reading of 59.1.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45790405/top-2-defensive-stocks-that-are-ticking-portfolio-bombs">Top 2 Defensive Stocks That Are Ticking Portfolio Bombs</a> </li>
</ul>
Photo courtesy: Shutterstock

S&P Settles Lower As Tesla Shares Fall: Investor Sentiment Declines, Fear Index In 'Greed' Zone

<h3>Companies Reporting Before The Bell</h3>
• Burning Rock Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNR#NASDAQ">BNR</a>) is projected to report earnings for its first quarter. 
• FuelCell Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCEL#NASDAQ">FCEL</a>) is estimated to report quarterly loss at $1.38 per share on revenue of $32.42 million. 
• G-III Apparel Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIII#NASDAQ">GIII</a>) is estimated to report quarterly earnings at $0.13 per share on revenue of $580.37 million. 
• Manchester United (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) is likely to report quarterly loss at $0.33 per share on revenue of $202.47 million. 
• ABM Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABM#NYSE">ABM</a>) is likely to report quarterly earnings at $0.86 per share on revenue of $2.06 billion. 
• QuantaSing Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSG#NASDAQ">QSG</a>) is likely to report quarterly earnings at $0.18 per share on revenue of $83.14 million. 
• Huize Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUIZ#NASDAQ">HUIZ</a>) is estimated to report earnings for its first quarter. 
<h3>Companies Reporting After The Bell</h3>
• Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) is likely to report quarterly earnings at $0.00 per share on revenue of $260.62 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

HUIZ

Earnings Scheduled For June 6, 2025

Press Releases

ABM Reports First Quarter Fiscal 2025 Results

ABM to Announce Second Quarter 2025 Financial Results

ABM Reports Fiscal Second Quarter 2025 Results

ABM Names David Orr as Chief Financial Officer

ABM Selected to Provide Parking and Shuttle Transportation at Orlando International Airport

Carol Clements Appointed to ABM's Board of Directors

ABM Partners with Miami-Dade County to Deliver Integrated Facility Solutions at Miami International Airport

ABM Partners With Nashville Yards to Deliver Best-in-Class Facility Services Across the Premier 19-Acre Downtown Campus

ABM Among 60 Best Companies to Sell For 2025

HSF ANNOUNCES NEW PARTNERSHIP WITH ABM INDUSTRIES

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