Wall Street Sees Mixed Results as S&P 500 and Nasdaq Fall

» Published: June 20 2025

Wall Street Sees Mixed Results as S&P 500 and Nasdaq Fall
Photo: John Locher/AP/TT

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Trading was cautious on the New York stock exchange on Friday, the day after the celebration of Juneteenth, the holiday in memory of the abolition of slavery. The broad S&P 500 index fell 0.2 percent and Nasdaq's technology-heavy composite index fell 0.5 percent, while the Dow Jones industrial index rose 0.1 percent.

Among the losers was Smith & Wesson. The gun manufacturer's share price plummeted almost 20 percent after the company presented an interim report where both profit and sales were lower than analysts had predicted.

In the other direction, the retail company Kroger went, whose interim results, on the contrary, were better than expected. The company also raised its sales forecast for the full year 2025. The share rose 9.8 percent.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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