46 Mins Ago
Dow heads for fourth straight winning month for first time in nearly three years
All the major averages are headed for another winning month, with the Nasdaq up 5.1% and the S&P 500 on pace for a 4.6% gain.
Even more notable is the Dow’s streak. If it closes tomorrow’s session in positive territory for February, the 30-stock index would clinch its fourth straight winning month for the first time since a streak ended in May 2021. The index is currently up 2.1% month to date.
— Samantha Subin, Chris Hayes
An Hour Ago
Snowflake, Okta among stocks making the biggest moves after the bell
These are some of the stocks on the move after the bell:
- Snowflake — Snowflake shares plunged 21% after the business software company announced the retirement of its CEO Frank Slootman. The news coincided with better-than-expected quarterly results, but weaker-than-expected product revenue guidance for the first quarter.
- Duolingo — The language learning platform skyrocketed 22% after surpassing quarterly estimates and posting strong monthly average user and bookings figures. Duolingo also provided strong revenue guidance for the first quarter and full year.
- Okta — Okta rallied 24% on better-than-expected quarterly results and first-quarter guidance.
Read the full list of stocks on the move here.
— Samantha Subin
An Hour Ago
Stock futures open lower
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