4. Financial markets
Tuesday's close:
| Close | Change | |
|---|---|---|
| S&P 500 | 7,712.57 | +0.28% |
| Nasdaq | 26,424.82 | −0.02% |
| Dow | 52,495.88 | +1.02% |
| 10-yr Treasury | ~5.115% | −2+ bp |
| WTI / Brent | $101.79 / $108.79 | −1.8% / −0.7% |
Sources: index closes from Reuters via Yahoo. Yields and oil from CNBC.
What drove the day:
healthcare hit a record, led by Lilly, UnitedHealth and Merck, and the Russell 2000 jumped 1.7%. Megacap tech and energy lagged. Oil hit a six-month high (Brent near $112) before reversing. The dollar fell broadly (Reuters via Yahoo; Reuters Trading Day via MarketScreener).
Big single-stock moves:
- Equifax and Hasbro rose about 11% on earnings.
- GM fell 6.8% on commodity costs and weaker truck sales.
- 3M gained 5.8% after expanding its data-center partnership with Amazon (Reuters via Yahoo).
Housing starts came in at 1.22M in September, below the 1.3M expected. The Fed decides on rates next week (CNBC).
Before the open today:
- SpaceX is spiking on the merger news and a Q3 report with revenue up 161%. Tesla is also higher.
- Netflix is extending its after-hours drop on soft guidance. It earned 87¢ a share against 82¢ expected, and narrowed its full-year revenue outlook to $51.1B (CNBC).
After the open (10:30 AM):
the S&P 500 was at 7,718.80 (+0.08%), the Dow at 52,466.30 (−0.06%) and the Nasdaq at 26,549.54 (+0.47%) (Yahoo Finance: S&P 500, Dow, Nasdaq). Bitcoin was about $83.8K (Yahoo Finance).
Calendar:
Meta reports after the close with a 4:30 PM call (Meta IR); Tesla reports after the close with a 5:30 PM webcast (Tesla release, SEC filing). For the full list of today's reports, see Earnings Whispers.