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Market Mixed: Intel Surges, Southwest Cuts Workforce 15%

2/18/2025

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Story summary
  • On February 13, 2025, the S&P 500 increased by 0.1%, approaching record levels, while the Dow decreased by 0.1%.
  • Global trade and inflation concerns continue, yet major indexes stay near recent highs.
  • Intel's stock jumped nearly 6% due to takeover rumors, and Constellation Brands rose over 8% following Warren Buffett's investment.
  • Southwest Airlines revealed a 15% workforce reduction, its first mass layoffs.
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