Market Overview - Major U.S. equities indexes moved higher as President Trump signed an executive order to investigate reciprocal tariffs without immediate implementation [2] - The S&P 500 closed 1.0% higher, with the Dow industrials up 0.8% and the Nasdaq gaining 1.5% driven by strength in the tech sector [3] Company Performances - MGM Resorts (MGM) shares surged 17.5% after exceeding sales and profit estimates for Q4 2024, driven by strong performance in Macau and the MGM Digital segment [4] - Molson Coors (TAP) shares rose 9.5% following a quarterly report that, despite a year-over-year revenue decline, outperformed sales and profit forecasts due to market-share retention and favorable pricing [5] - GE Healthcare Technologies (GEHC) saw an 8.8% increase in shares after reporting better-than-expected profits for Q4, benefiting from strong U.S. demand and advanced visualization solutions [6] Negative Performances - West Pharmaceutical Services (WST) shares plummeted 38.2% despite topping Q4 profit estimates, as 2025 guidance fell below consensus due to U.S. dollar strength and significant capital expenditures [7] - Zebra Technologies (ZBRA) shares fell 8.4% despite exceeding Q4 sales and profit estimates, as full-year revenue guidance was below forecasts due to a strong dollar and trade uncertainties [8] - Iron Mountain (IRM) shares declined 7.3% after missing Q4 revenue estimates, despite strong performance in its data center business, with elevated interest expenses impacting results [9]
S&P 500 Gains and Losses Today: MGM Stock Surges as Macau, Digital Businesses Thrive