Stock Market News for Nov 1, 2024

Zacks11-01 21:09

Market News Wall Street ended lower on Thursday as investors reacted to inflation data near the Federal Reserve's target. Market participants assessed the third-quarter earnings results. The Nasdaq, ...

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Market participants assessed the third-quarter earnings results. The Nasdaq, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-nov-1-130900925.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":"BK4517","symbol_name":"邮轮概念","start_time":0,"source_url":"https://finance.yahoo.com/news/stock-market-news-nov-1-130900925.html","article_id":"2480874728","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Jl3EwVqWPtr7Q3yYhe.A1g--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/1585b73748775a131bbef61f41be0a77"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480874728","pubTimestamp":1730466540,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Wall Street ended lower on Thursday as investors reacted to inflation data near the Federal Reserve's target. Market participants assessed the third-quarter earnings results. The Nasdaq, the Dow and the S&P 500 closed in negative territory. However, last month was a week one for Wall Street.The Dow Jones Industrial Average  fell 0.9% or 378.08 points to close at 41,763.46. Seventeen components of the 30-stock index ended in negative territory, while 13 ended in positive.The tech-heavy Nasdaq Composite declined 512.78 points or 2.8% to 18,095.15.The S&P 500 lost 1.9%, or 108.22 points, to end at 5,705.45. Nine broad sectors of the benchmark index closed in the red, while two ended in the green. The Technology Select Sector SPDR , the Real Estate Select Sector SPDR , and the Consumer Discretionary Select Sector SPDR  fell 3.2%, 1.8% and 1.5%, respectively.Continuing claims  decreased 26,000 to 1,862,000 for the week ended Oct. 19. The previous week's level was revised downward by 9,000 f","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4517":"邮轮概念","BK4551":"寇图资本持仓","BK4136":"纸材料包装",".SPX":"S&P 500 Index","OEX":"标普100","TWLO":"Twilio Inc","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4581":"高盛持仓","BK4504":"桥水持仓","LU1548497426.USD":"安联环球人工智能AT Acc","BK4142":"酒店、度假村与豪华游轮","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4548":"巴美列捷福持仓","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF","BK4528":"SaaS概念","NCLH":"挪威邮轮","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","FOMC":"FOMO CORP.","XLK":"高科技指数ETF-SPDR","SPY":"标普500ETF","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","XLRE":"Real Estate Select Sector SPDR Fund","VOO":"Vanguard标普500ETF","OEF":"标普100指数ETF-iShares","IP":"国际纸业","COMP":"Compass, Inc.","BK4559":"巴菲特持仓","BK4077":"互动媒体与服务","SDS":"两倍做空标普500ETF","BK4550":"红杉资本持仓","BK4588":"碎股","BK4116":"互联网服务与基础架构","XLY":"消费品指数ETF-SPDR可选消费品","UPRO":"三倍做多标普500ETF"},"translate_title":"2024年11月1日股市新闻","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLY":1,"NCLH":1,"IP":1,"FOMC":1,"XLRE":1,"XLK":1,"US7Y.BOND":0.9,"US6M.BOND":0.9,"US5Y.BOND":0.9,"US3Y.BOND":0.9,"US30Y.BOND":0.9,"US2Y.BOND":0.9,"US12M.BOND":0.9,"US10Y.BOND":0.9,"TWLO":0.9,"COMP":0.9,"VOO":0.88,"SPY":0.88,"OEX":0.6,"OEF":0.6,"SDS":0.6,"SH":0.6,"SPXU":0.6,"SSO":0.6,"UPRO":0.6,"US912797HE00.BOND":0.6,"ESmain":0.6,"IVV":0.6,".SPX":0.6},"content_text":"Market News\nWall Street ended lower on Thursday as investors reacted to inflation data near the Federal Reserve's target. Market participants assessed the third-quarter earnings results. The Nasdaq, the Dow and the S&P 500 closed in negative territory. However, last month was a week one for Wall Street.\nHow Did the Benchmarks Perform?\nThe Dow Jones Industrial Average (DJI) fell 0.9% or 378.08 points to close at 41,763.46. Seventeen components of the 30-stock index ended in negative territory, while 13 ended in positive.\nThe tech-heavy Nasdaq Composite declined 512.78 points or 2.8% to 18,095.15.\nThe S&P 500 lost 1.9%, or 108.22 points, to end at 5,705.45. Nine broad sectors of the benchmark index closed in the red, while two ended in the green. The Technology Select Sector SPDR (XLK), the Real Estate Select Sector SPDR (XLRE), and the Consumer Discretionary Select Sector SPDR (XLY) fell 3.2%, 1.8% and 1.5%, respectively.\nThe fear-gauge CBOE Volatility Index (VIX) increased 13.8% to 23.16. The S&P 500 posted 24 new 52-week highs and nine new lows; the Nasdaq Composite recorded 59 new highs and 159 new lows.\nInflation Nears Fed Target as Labor Market Remains Strong\nSeptember inflation moved closer to the Federal Reserve's 2% target, with the personal consumption expenditures (PCE) index up 0.2% for the month, bringing the annual rate to 2.1%, according to the Commerce Department. Core inflation, which excludes food and energy, rose 0.3% monthly and reached 2.7% year over year, slightly above estimates of 2.6%. While personal income rose 0.3%, consumer spending rose 0.5%.\nThe Department of Labor reported that initial claims decreased by 12,000 to 216,000 for the week ended Oct. 26, but ended below the consensus estimate of 230,000. The previous week’s data was revised upward by 1,000 to 227,000 from 228,000 reported earlier.\nContinuing claims (those who have already received government aid and reported a week behind) decreased 26,000 to 1,862,000 for the week ended Oct. 19. The previous week's level was revised downward by 9,000 from 1,897,000 to 1,888,000.\nThe CME FedWatch Tool indicates a 100% probability of another rate cut in next week's Federal Open Market Committee (FOMC) meeting.\nQ3 Earnings Results\nInternational Paper Company IP reported that in the third quarter of 2024, adjusted earnings were $0.44 per share, ahead of the Zacks Consensus Estimate of $0.24 per share. The renewable materials company generated total revenues of $4.69 billion, beating the Zacks Consensus Estimate by 0.37%.\nNorwegian Cruise Line Holdings Ltd. NCLH reported third-quarter 2024 adjusted earnings of $0.99 per share, surpassing the Zacks Consensus Estimate of $0.95 per share. The cruise company generated total revenues of $2.81 billion, outpacing the Zacks Consensus Estimate by 1.68%.\nTwilio Inc. TWLO reported third-quarter 2024 adjusted earnings of $1.02 per share, surpassing the Zacks Consensus Estimate of $0.87 per share. The customer engagement platform company generated total revenues of $1.13 billion, beating the Zacks Consensus Estimate by 3.93%.\nConsequently, the stock price of International Paper, Norwegian Cruise Line Holdings, and Twilio rose 13.3%, 6.3%, and 14.3%, respectively. Norwegian Cruise Line Holdings currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.\nMonthly Roundup\nIn the past month, the Dow Jones Industrial Average has declined by 1.3%, the S&P 500 has shed 1%, and the Nasdaq Composite is down 0.5%.\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\nInternational Paper Company (IP) : Free Stock Analysis Report\nNorwegian Cruise Line Holdings Ltd. (NCLH) : Free Stock Analysis Report\nTwilio Inc. (TWLO) : 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/2480874728"}