Wall Street Stages Late-Day Rally After Volatile Session

Wall Street's focus turned to the Israel-Hamas war

Deputy Editor
Oct 9, 2023 at 4:25 PM
facebook X logo linkedin


Wall Street pulled off a strong rebound on Monday, despite rising oil prices. The Dow managed to turn around its steep premarket losses to finish the day with a triple-digit gain, while the Nasdaq and S&P 500 turned in respectable wins as well. Globally, the war between Israel and Hamas remains in focus.

  • Options traders called this bank stock's dip.
  • Pharmaceutical stock tanks after $5.8 billion acquisition. 
  • Plus, brokerage tells SPOT to stay in its lane; DIS' biggest investor; and ARM's bull note barrage.

closing summary oct9

nyse nasdaq oct9

5 Things to Know Today

  1. The escalation of the Israeli-Palestinian conflict is putting pressure on U.S. House Republicans to vote to select a new speaker. (CNBC)
  2. Pakistani-based esports company Gamer Pakistan (GPAK) is the country's first entity to be listed on a U.S. exchange. (MarketWatch)
  3. Analyst thinks streaming company should stick to music and podcasts.
  4. Walt Disney has a new primary investor.
  5. Major Wall Street players make bullish calls on chip stock.

There were no earnings reports of note today. 

uvol 1006

Oil Futures Soar After Hamas Attack

Oil futures closed at their highest mark in nearly a week, after the Israeli-Hamas war stoked anxieties about crude supply disruptions in the Middle East. For the session, crude for November delivery added $3.59, or 4.3%, to settle at $86.38 per barrel.

Gold prices rose for the second day, with December-dated gold gaining $19.10 to settle at $1,864.30 an ounce.  

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI