Stock market today: Live updates

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An Hour Ago

Individual investors were last this ‘neutral’ on stocks eight months ago, AAII says

The percentage of individual investors who are neutral — neither bullish nor bearish — about the outlook for stock prices over the coming six months widened to 35.4% from 29% in the latest survey from the American Association of Individual Investors, the highest such reading since last September and above the historical average of 31.5%.

Bullishness rose to 40.8% from 38.5%, above the historical average of 37.5% for the 26th time in 27 weeks.

Bearish sentiment slumped to 23.8% of those polled, down from 32.5% last week and the historical average of 31%. It was the first time in four weeks that pessimism was below its historical average.

Contrarians who like to bet against the crowd say that rising bullishness means investors have less cash to put to work in the market and have less buying in front of them than behind them. Rising bearishness means the reverse — there’s more money to invest and more selling has been done.

— Scott Schnipper

An Hour Ago

Stocks making the biggest moves after hours

Check out the companies making headlines in extended trading.

Yelp — Shares of the restaurant review site slid 6% as Yelp posted light second-quarter revenue guidance. The company reported first-quarter earnings of 20 cents a share, surpassing analysts’ estimates of 6 cents a share, per LSEG. Revenue for the period came in line with expectations, however, at $333 million.Sweetgreen — The salad chain popped 5% after Sweetgreen reported first-quarter revenue of $158 million, topping the LSEG consensus estimate of $152 million. Earnings were not immediately comparable with estimates.Akamai Technologies — The cloud company slid nearly 9%, tumbling on the back of weak guidance for the second quarter. Akamai sees adjusted earnings ranging from $1.51 to $1.56 per share on revenue of $967 million to $986 million. Analysts polled by LSEG called for earnings of $1.63 per share and revenue of $1 billion.

Read the full list here.

— Sarah Min

2 Hours Ago

Stock futures open little changed Thursday night

Stock futures opened little changed.

Futures linked to the 30-stock Dow rose by 33 points, or 0.08%. S&P 500 futures climbed 0.04%, while Nasdaq 100 futures gained 0.04%.

— Sarah Min



This article was originally published by a www.cnbc.com

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