Traders enactment connected the level of the New York Stock Exchange connected Oct. 22, 2024.
Spencer Platt | Getty Images
S&P 500 futures are muted Thursday nighttime aft the wide scale ended a three-day antagonistic streak.
Futures tied to the wide scale added little than 0.1%, arsenic did Nasdaq 100 futures. Dow Jones Industrial Average futures roseate conscionable 3 points.
In after-hour action, L3Harris shares climbed much than 4% aft the defence institution exceeded Wall Street's forecasts erstwhile reporting third-quarter earnings. Dexcom tumbled much than 3% contempt beating expectations connected some lines.
Those moves travel a mixed time connected Wall Street. The Nasdaq Composite joined the S&P 500 successful finishing the league successful the green, with some lifted by Tesla's post-earnings rally. Shares of the electrical conveyance shaper notched their champion time successful much than a decennary arsenic investors cheered the firm's stronger-than-expected nett and CEO Elon Musk's expectations for conveyance maturation adjacent year.
A slide successful Treasury yields besides gave the S&P 500 and Nasdaq upward momentum, according to Megan Horneman, main concern serviceman astatine Verdence. The 10-year Treasury yield notably cooled disconnected from its three-month highs aft breaking supra the 4.25% people during Wednesday's session.
"This has everything to bash with the diminution we saw connected involvement rates today," Horneman said. "Those 2 indices don't similar higher yields."
The Dow lagged connected Thursday, sliding conscionable implicit 140 points owed to declines successful IBM and Boeing.
The large indexes are tracking to decorativeness the week with losses, which would drawback six-week triumph streaks for each three. The Dow has fared the worst with a driblet of much than 2% arsenic of Thursday's close, portion the S&P 500 and Nasdaq person shed 0.9% and 0.4%, respectively.
Investors volition show net reports owed Friday from names including Colgate-Palmolive, AutoNation and Newell Brands arsenic the play rolls on. They'll besides travel economical information releases connected durable goods and user sentiment.
Stocks caput for losing week
With conscionable Friday's league near successful the trading week, each 3 of the large indexes tracked to drawback six-week triumph streaks.
The Dow has performed the worst this week, falling much than 2%. The S&P 500 and Nasdaq Composite person slid 0.9% and 0.4%, respectively, connected the week.
— Alex Harring
Stocks making large moves aft hours
These are immoderate of the stocks connected the determination successful extended trading:
- Capri, Tapestry — Capri shares plummeted 48%, portion Tapestry shares popped 12% aft a justice blocked the $8.5 cardinal merger of 2 luxury goods makers.
- Skechers — The footwear shaper jumped 5.1% aft third-quarter net topped expectations.
- L3Harris Technologies — The defence banal added 4% aft posting a third-quarter bushed connected some lines.
— Alex Harring
Stock futures are small changed
Futures tied to the Dow, S&P 500 and Nasdaq 100 were each adjacent level soon aft 6 p.m. ET.
— Alex Harring
English (US) ·