Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 


Real-time Estimate Quote. Real-time Estimate TTMzero - 12/06 08:24:36 pm
35309.42 PTS   +2.11%
02:18pDow leads Wall Street higher with 2% gain; cyclicals in vanguard
01:58pTop Midday Decliners
01:37pTop Midday Gainers
SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

Wall Street hits record but Facebook caps gains

10/26/2021 | 03:09pm EST
Traders work on the floor of the NYSE in New York

NEW YORK (Reuters) - Major U.S. stock indexes advanced on Tuesday, with the Dow Industrials and S&P 500 hitting intraday records, although gains were kept in check as Facebook shares fell in the wake of its quarterly earnings.

Facebook Inc shares, down 5.01%, were the biggest drag on the S&P 500 and Nasdaq, after the company warned that Apple Inc's new privacy changes would weigh on its digital business.

"There are enough headwinds that people are getting spooked," said Ross Mayfield investment strategist at Baird in Louisville, Kentucky.

"There are idiosyncratic risks, there are regulatory risks for the big tech spectrum, there is just all sorts of negative sentiment around that space right now and if you look more broadly there are more places to go with your money."

However, the benchmark S&P index scored a new high, lifted by names with big market capitalizations. Nvidia Corp was up 7.20% after reaching a record high; Amazon.com Inc rose 1.88%; and Apple added 0.52%.

Support also came from a 7.09% gain in United Parcel Service Inc and a 2.28% rise in General Electric Co on the heels of their quarterly results.

The Dow Jones Industrial Average rose 63.74 points, or 0.18%, to 35,804.89; the S&P 500 gained 16.13 points, or 0.35%, at 4,582.61; and the Nasdaq Composite added 35.49 points, or 0.23%, at 15,262.19.

Earnings at S&P 500 companies are expected to grow 35.6% year-on-year in the third quarter, with market participants gauging how companies are navigating supply-chain bottlenecks, labor shortages and inflationary pressures.

While nearly all 11 S&P sectors rose on the session, defensive plays such as utilities and real estate were among the best performers, indicating some caution in the market.

Microsoft Corp, Google parent Alphabet Inc and Twitter Inc are among the notable names scheduled to report earnings after the closing bell.

Data showed U.S. consumer confidence unexpectedly rebounded in October as concerns about high inflation were offset by improving labor market prospects. A Commerce Department report showed sales of new single-family homes surged 14.0% in September.

Mayfield said with indexes at or near record levels, a run of good economic data could increase investor concerns the Federal Reserve may pull its timeline for a rate hike forward.

The central bank's next policy announcement is expected on Nov. 3 after a two-day meeting.

Shares of Hasbro Inc climbed 3.56% after the toy maker posted an upbeat third-quarter profit even as it warned of a hit to holiday sales from supply chain issues.

Advancing issues outnumbered declining ones on the NYSE by a 1.03-to-1 ratio; on Nasdaq, a 1.01-to-1 ratio favored decliners.

The S&P 500 posted 68 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 66 new lows.

(Reporting by Chuck Mikolajczak; Editing by Richard Chang)

By Chuck Mikolajczak

ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 1.23% 2874.89 Delayed Quote.62.04%
AMAZON.COM, INC. 2.05% 3460.1 Delayed Quote.4.08%
APPLE INC. 2.66% 166.1 Delayed Quote.24.18%
DJ INDUSTRIAL 2.11% 35305.67 Delayed Quote.13.18%
FACEBOOK INC 3.18% 316.91 Delayed Quote.12.33%
HASBRO, INC. 1.40% 99.54 Delayed Quote.5.16%
MICROSOFT CORPORATION 0.63% 326.29 Delayed Quote.45.23%
NVIDIA CORPORATION -2.37% 299.78 Delayed Quote.135.11%
All news about DJ INDUSTRIAL
02:18pDow leads Wall Street higher with 2% gain; cyclicals in vanguard
01:58pTop Midday Decliners
01:37pTop Midday Gainers
01:32pEquities Jump Midday, Driven by Reopening Plays as Signs Show Omicron Severity Likely t..
01:15pMIDDAY REPORT : US Stocks Jump Led by Reopening Plays as Signs Show Omicron Severity Likel..
12:33pWALL STREET STOCK EXCHANGE : Dow climbs over 1% on cyclical boost; Nvidia weighs on Nasdaq
12:29pUS Stocks Jump Led by Reopening Plays Following Indication Omicron Likely to be Mild in..
09:32aWall Street opens higher on banks, energy boost
09:19aWall Street Sees Mixed Open, Tech Stocks Under Pressure as Traders Reassess Omicron Ris..
08:23aUS Futures Mixed, Tech Stocks Under Pressure as Traders Reassess Omicron Risk
More news
News of the index components DJ INDUSTRIAL
02:22pCISCO : Raymond James Technology Investors Conference
02:03pMerck, Thermo Fisher Partner Over Expanding Investigational Antiviral Drug Production F..
01:39pApple Initiated With Overweight Rating at KeyBanc as Active iPhone Users May Exceed 1 B..
01:19pAmgen on Pace for Largest Percent Increase Since November 2020 -- Data Talk
12:49pAmgen Shares Rise After Goldman Sachs Begins Coverage at Buy
12:36pOppenheimer Upgrades Home Depot to Outperform and Adjusts Lowe's Companies PT to $300 a..
12:32pMICROSOFT : Access the latest quantum hardware, now including Rigetti
More news
Duration : Period :
DJ Industrial Technical Analysis Chart | DJI | US2605661048 | MarketScreener
Technical analysis trends DJ INDUSTRIAL
Short TermMid-TermLong Term
INTEL CORPORATION 51.17 Real-time Estimate Quote.3.90%
WALGREENS BOOTS ALLIANCE, INC. 48.315 Real-time Estimate Quote.3.84%
AMERICAN EXPRESS COMPANY 161.82 Real-time Estimate Quote.3.77%
VISA 203.49 Real-time Estimate Quote.3.65%
THE BOEING COMPANY 205.655 Real-time Estimate Quote.3.61%
SALESFORCE.COM, INC. 257.68 Real-time Estimate Quote.-0.25%
NIKE, INC. 169.725 Real-time Estimate Quote.-0.30%
VERIZON COMMUNICATIONS 51.095 Real-time Estimate Quote.-0.63%
Heatmap :