Stocks Log Lowest Close Since Late May

The S&P 500 has finished nine of the last 11 days lower

Deputy Editor
Oct 26, 2023 at 4:23 PM
facebook X logo linkedin


Despite a brief paring of losses midday, Wall Street closed the day deep in the red, as a slew of tech earnings failed to impress investors. The Nasdaq and Dow each gave back triple digits for their sixth loss in seven sessions, the latter breaching the key 33,000 level. The S&P 500, meanwhile, logged its ninth loss in 11 days. All three major indexes are trading at their lowest levels since late May.

  • Why put traders targeted these toy stocks.
  • Bull signal flashing for financial stock after earnings.
  • Plus, airline stocks nosedives; unpacking Meta's earnings; and BCS' bear note.

Summary 1026

NYSE Nasdaq 1026

5 Things to Know Today

  1. Ford (F) is gearing up for its third-quarter earnings report, and investors will monitor the impact of the UAW union's strike on the automotive giant's results. (CNBC)
  2. Following today's GDP report, Treasury Secretary Janet Yellen said she doesn't see signs of a recession.. (Washington Post)
  3. Why this airline stock grounded.
  4. More on the Meta earnings report today.
  5. What one analyst thinks of this bank stock.

earningsoct26

UVOL 1026

Oil Pick Up Another Loss Amid Israel-Hamas War

Oil futures were pressured to their lowest level in two weeks Thursday. The ongoing conflict between Israel and Hamas is causing black gold's volatility spikes, with investors worried about he potential for stricter export sanctions against Iran, due to their support of Hamas. For the session, December-dated West Texas Intermediate (WTI) crude, shed $2.18, or 2.6%, to settle at $83.21 a barrel. 

Bullion brushed off concerns around the conflict, with December-dated gold adding $2.50 to settle at $1,997.40 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