Stock Market News for Oct 28, 2024

Zacks10-28

Market News U.S. stocks ended mixed on Friday as investors weighed in the increase in oil prices, potential Fed rate cuts, and recent Q3 earnings reports. The S&P 500 and the Dow closed lower, while ...

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The S&P 500 and the Dow closed lower, while ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-oct-28-130100073.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Market News for Oct 28, 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Market News for Oct 28, 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-28 21:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-news-oct-28-130100073.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market News\nU.S. stocks ended mixed on Friday as investors weighed in the increase in oil prices, potential Fed rate cuts, and recent Q3 earnings reports. The S&P 500 and the Dow closed lower, while ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-oct-28-130100073.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1861217088.USD","symbol_name":"贝莱德金融科技A2","start_time":0,"source_url":"https://finance.yahoo.com/news/stock-market-news-oct-28-130100073.html","article_id":"2478798482","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/7dQ.rU6GLTWKYGpsGTWAzw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/6eac56885ad1770174e7a08209bbd5c8"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478798482","pubTimestamp":1730120460,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"U.S. stocks ended mixed on Friday as investors weighed in the increase in oil prices, potential Fed rate cuts, and recent Q3 earnings reports. The S&P 500 and the Dow closed lower, while the Nasdaq finished in positive territory.The Dow Jones Industrial Average  fell 0.6% or 259.96points to close at 42,114.40. 8 components of the 30-stock index ended in negative territory, while 22 ended in positive.The tech-heavy Nasdaq Composite advanced103.12 points or 0.6% to 18,518.61.This marked anall-time high in three months.The S&P 500 declined 0.03%, or 0.79 points, to end at 5,808.12. Eight broad sectors of the benchmark index closed in the red, while three ended in the green. The Utilities Select Sector SPDR , the Financials Select Sector SPDR , and the Consumer Staples Select Sector SPDR  fell 1.5%, 1.2%, and 0.8%, respectively.The fear-gauge CBOE Volatility Index  increased 6.6% to 20.33. A total of 11.54billion shares were traded on Friday, higher than the last 20-session average of 11.2","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1861217088.USD":"贝莱德金融科技A2","WTI":"W&T海底钻探","OEX":"标普100","BK4504":"桥水持仓","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","XLP":"消费品指数ETF-SPDR主要消费品","SPY":"标普500ETF","COF":"第一资本","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","VOO":"Vanguard标普500ETF","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","BK4213":"石油与天然气的勘探与生产","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4516":"特朗普概念","OEF":"标普100指数ETF-iShares","XLU":"公共事业指数ETF-SPDR","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","SDS":"两倍做空标普500ETF","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念",".SPX":"S&P 500 Index","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4534":"瑞士信贷持仓","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","BK4146":"鞋类","COMP":"Compass, Inc.","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4559":"巴菲特持仓","DECK":"Deckers Outdoor Corporation","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4550":"红杉资本持仓","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","XLF":"金融ETF","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","SPXU":"三倍做空标普500ETF","BK4561":"索罗斯持仓"},"translate_title":"2024年10月28日股市新闻","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLU":1,"XLP":1,"XLF":1,"WTI":1,"DECK":1,"VOO":0.9,"SPY":0.9,"COF":0.9,"COMP":0.9,"US3Y.BOND":0.68,"US10Y.BOND":0.68,"US12M.BOND":0.68,"US2Y.BOND":0.68,"US30Y.BOND":0.68,"US5Y.BOND":0.68,"US6M.BOND":0.68,"US7Y.BOND":0.68,"UPRO":0.6,"SSO":0.6,"US912797HE00.BOND":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"OEF":0.6,"ESmain":0.6,"IVV":0.6,".SPX":0.6},"content_text":"Market News\nU.S. stocks ended mixed on Friday as investors weighed in the increase in oil prices, potential Fed rate cuts, and recent Q3 earnings reports. The S&P 500 and the Dow closed lower, while the Nasdaq finished in positive territory.\nHow Did the Benchmarks Perform?\nThe Dow Jones Industrial Average (DJI) fell 0.6% or 259.96 points to close at 42,114.40. 8 components of the 30-stock index ended in negative territory, while 22 ended in positive.\nThe tech-heavy Nasdaq Composite advanced 103.12 points or 0.6% to 18,518.61. This marked an all-time high in three months.\nThe S&P 500 declined 0.03%, or 0.79 points, to end at 5,808.12. Eight broad sectors of the benchmark index closed in the red, while three ended in the green. The Utilities Select Sector SPDR (XLU), the Financials Select Sector SPDR (XLF), and the Consumer Staples Select Sector SPDR (XLP) fell 1.5%, 1.2%, and 0.8%, respectively.\nThe fear-gauge CBOE Volatility Index (VIX) increased 6.6% to 20.33. A total of 11.54 billion shares were traded on Friday, higher than the last 20-session average of 11.28 billion. The S&P 500 posted 30 new 52-week highs and two new lows, while the Nasdaq Composite recorded 78 new highs and 87 new lows.\nCrude Prices Climb as Investors Anticipate Fed Rate Cut\nOn Friday, the price of Brent crude futures went up by 2. 25 %, reaching $ 76. 05 per barrel, while U.S West Texas Intermediate (WTI) crude saw a rise of 2. 27 % to close at $ 71. 78 per barrel. Both indicators closed the week with gains of 4 %.\nMeanwhile, investors are eagerly anticipating employment data for this week to gain insights into the Federal Reserve’s future policy decisions. Many in the market are placing bets toward a 25-basis point interest rate reduction, during the Feds November meeting based on CME Group’s FedWatch Tool predictions showing a 95.1% probability.\nStrong Earnings\nDeckers Outdoor Corporation DECK reported fiscal second-quarter 2024 adjusted earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.22 per share. This footwear company generated total revenues of $1.31 billion, beating the Zacks Consensus Estimate by 9.58%.\nCapital One Financial Corporation COF reported third-quarter 2024 adjusted earnings of $4.51 per share, outpacing the Zacks Consensus Estimate of $3.70 per share. The financial services holding company generated total revenues of $10.01 billion, surpassing the Zacks Consensus Estimate by 2.01%.\nConsequently, shares of Deckers Outdoor Corporation and Capital One Financial Corporation gained 10.6% and 5.2%, respectively. Both currently carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.\nNew Orders for Manufactured Goods Missed Estimates\nNew orders for manufactured goods for September decreased 0.8%, missing the consensus estimate of 0.3%. This follows a 0.8% decrease in August.\nConsumer Sentiment Rises in October\nThe University of Michigan reported that consumer sentiment for October had come in at 70.5, higher than the 70.1 it had registered in September.\nWeekly Roundup\nLast week, the Nasdaq Composite rose 0.16%, while the S&P 500 fell 0.96% and the Dow Jones Industrial Average declined 2.68%.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nCapital One Financial Corporation (COF) : Free Stock Analysis Report\nDeckers Outdoor Corporation (DECK) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2478798482"}