Nasdaq Clocks Lowest Close Since February

Bond yields and Big Tech earnings gripped Wall Street today

Managing Editor
Oct 25, 2023 at 4:24 PM
facebook X logo linkedin


Despite brief forays into the black, the Dow and S&P 500 ultimately finished lower for their fifth loss in the last six trading sessions. As the 10-year Treasury yield tested 5% again, the Nasdaq suffered its worst single-session percentage drop since February, with Alphabet (GOOGL) weighing especially heavy on investor sentiment after a cloud-related post-earnings dip. All eyes are now on tech behemoths Meta Platforms (META) and IBM (IBM), slated to report earnings after the close. 

  • Delivery update dings Boeing stock.
  • Bears enjoyed quick profits off popular e-tail stock.
  • Plus, buy DBX puts now; a "turnaround story" to watch; and small-cap struggles.

indexesoct25

nyseoct25

5 Things to Know Today

  1. After the historic ousting of former Speaker Kevin McCarthy, the House of Representatives elected Louisiana Republican Rep. Mike Johnson for the role. (CNBC)
  2. New studies have shown flu shots and other vaccinations may reduce the likelihood of developing dementia and Alzheimer's. (Washington Post)
  3. PayPal peer ushers stock toward a steep session slide
  4. Analyst: retail stock the "turnaround story" to watch.
  5. Small-cap struggles could signal big SPX gains.

earningsoct25

uvoloct25

Oil Snaps Losing Streak Amid Middle East Tensions

Oil prices managed to snap a three-day losing streak, as investors continue to keep tabs on heightening tensions in the Middle East. December-dated West Texas Intermediate (WTI) crude, added $1.65, or 2%, to settle at $85.39 a barrel. 

International conflict and curiosity around the Fed's policy leanings sent Gold futures higher this afternoon. December-dated gold added $8.80, or 0.4%, to settle at $1,994.90 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