{"id":11777,"date":"2025-02-06T19:03:41","date_gmt":"2025-02-06T19:03:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11777"},"modified":"2025-02-06T19:03:41","modified_gmt":"2025-02-06T19:03:41","slug":"stocks-edge-higher-bank-giants-rally-palantir-skyrockets-whats-driving-markets-thursday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11777","title":{"rendered":"Stocks Edge Higher, Bank Giants Rally, Palantir Skyrockets: What&#8217;s Driving Markets Thursday?"},"content":{"rendered":"<div>\n<p>It&#8217;s a mixed session on Wall Street, with major indices struggling for direction as investors hold their breath ahead of a key jobs report <a href=\"https:\/\/www.benzinga.com\/markets\">set for Friday morning.<\/a><\/p>\n<p>The S&amp;P 500 and the Nasdaq 100 edged up 0.3%, while the Dow Jones slipped 0.1% and small caps held steady.<\/p>\n<p>Among the leading sectors, financial stocks outperformed after the Fed released the framework for 2025 bank stress test. The big six banks \u2014 <strong>JPMorgan Chase &amp; Co<\/strong>. (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/JPM#NYSE\">JPM<\/a>), <strong>Bank of America Corp<\/strong>. (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BAC#NYSE\">BAC<\/a>), <strong>Wells Fargo &amp; Co. <\/strong>(NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/WFC#NYSE\">WFC<\/a>), <strong>Goldman Sachs Group Inc. <\/strong>(NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GS#NYSE\">GS<\/a>), <strong>Morgan Stanley <\/strong>(NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MS#NYSE\">MS<\/a>), and <strong>Citigroup<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/C#NYSE\">C<\/a>) \u2014 all climbed more than 1%, with Citigroup surging 2.9%.<\/p>\n<p><strong>Eli Lilly<\/strong> <strong>Co.<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/LLY#NYSE\">LLY<\/a>) jumped 3.2% after topping earnings estimates, while <strong>Tapestry Inc.<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/TPR#NYSE\">TPR<\/a>) surged 12% and <strong>Philip Morris<\/strong> <strong>International Inc.<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/PM#NYSE\">PM<\/a>) skyrocketed nearly 10% on strong revenue figures. In contrast, <strong>Qualcomm <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/QCOM#NASDAQ\">QCOM<\/a>) slid 4.3% on concerns over slowing smartphone demand.<\/p>\n<p>Shares of <strong>Palantir Inc.<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/PLTR#NYSE\">PLTR<\/a>) surged 6.5%, extending its weekly gains to 30.8%, the stock&#8217;s best weekly rally since early November.<\/p>\n<p>Oil prices had a volatile session. Crude initially dipped &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/02\/43540452\/stocks-edge-higher-bank-giants-rally-palantir-skyrockets-whats-driving-markets-th\" alt=\"Stocks\" edge higher bank giants rally palantir skyrockets: what driving markets thursday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s a mixed session on Wall Street, with major indices struggling for direction as investors hold their breath ahead of a key jobs report set for Friday morning. The S&amp;P 500 and the Nasdaq 100 edged up 0.3%, while the Dow Jones slipped 0.1% and small caps held steady. Among the leading sectors, financial stocks [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11777","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11777"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11777\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}