Stock market today: Dow, S&P 500, Nasdaq futures steady near records as rebound holds ahead of jobs report

Company Performance - On Semiconductor reported earnings per share of $0.45 on revenue of $1.53 billion, missing earnings estimates of $0.59 per share and falling below earnings per share of $0.88 in the same period a year ago [6] - The company experienced annual sales declines across all business groups, with Power Solutions and Analog & Mixed Signal sales falling by 2% and 5% respectively, while Intelligent Sensing was the only segment to see quarter-over-quarter sales growth [7] - For the first quarter, On Semiconductor expects revenue in the range of $1.43 billion to $1.53 billion, with adjusted diluted earnings per share projected between $0.56 and $0.66, below the consensus estimate of $0.61 [8] Market Trends - Technology shares led the market rally, with investors regaining confidence after a recent pullback related to concerns in the software and megacap tech sectors [3] - The Dow Jones Industrial Average reached an all-time high over 50,000, while the S&P 500 advanced approximately 0.5% and the Nasdaq Composite jumped 0.9% [2] - Investors are closely monitoring the earnings season, with major companies like Coca-Cola and Ford reporting results [3]

Stock market today: Dow, S&P 500, Nasdaq futures steady near records as rebound holds ahead of jobs report - Reportify