As of 9:41 AM ET Wednesday, S&P 500 futures are lower, Nasdaq-100 and Russell 2000 futures are sharply lower and Dow futures are little changed. Reporting today: Bank of America (before the open), Morgan Stanley (before the open), BlackRock (before the open), Progressive (before the open) and Fastenal (before the open). Yesterday's session: It was a quiet session yesterday, and stocks ended little changed. The S&P 500 was flat, the Nasdaq-100 lost 0.3%, the Dow lost 0.3% and the Russell 2000 slipped 0.4%. That leaves the S&P 500 down 0.1% this week and up 15.0% for the year. Beneath the index, 266 of 501 S&P 500 stocks rose and 235 fell. Energy (+1.8%) and communication services (+0.7%) led, while health care (-1.4%) and financials (-0.4%) lagged. In the latest readings, the 10-year Treasury yield is 5.2% (up 2 basis points), the VIX is at 15.2 and oil is $96.2 a barrel. Macro headlines centered on inflation and the Fed.
| CDW (CDW) Up 13% this year; 3% below its 52-week high. Next report: Nov 2. | +5.7% |
| Valero Energy (VLO) Up 185% this year; at a 52-week high. Next report: Oct 22. | +4.7% |
| Charter Communications (CHTR) Down 49% this year; 60% below its 52-week high. Next report: Oct 29. | +4.4% |
| Oracle (ORCL) Down 26% this year; 54% below its 52-week high. | +4.2% |
| Expand Energy (EXE) Down 15% this year; 24% below its 52-week high. Next report: Oct 26. | +4.0% |
| Applied Materials (AMAT) As Yahoo Finance UK reported “Applied Materials Stocks Fall 5.7% Although Evercore Backs Its EPIC Strategy”1. Up 81% this year; 36% below its 52-week high. Next report: Nov 12. | -6.7% |
| Johnson & Johnson (JNJ) The biggest one-day drop since April 1, 2025; up 22% this year; 11% below its 52-week high. | -5.7% |
| Citigroup (C) The biggest one-day drop since April 4, 2025; up 8% this year; 14% below its 52-week high. | -5.6% |
| Flex (FLEX) Next report: Oct 27. | -5.4% |
| Domino's (DPZ) Down 28% this year; 31% below its 52-week high. | -4.8% |
Direction of the stock-index futures versus their last settlement, early this morning (words only).
| Market | Direction |
|---|---|
| S&P 500 futures | Lower |
| Nasdaq-100 futures | Sharply lower |
| Dow futures | Little changed |
| Russell 2000 futures | Sharply lower |
| Market | Move / level |
|---|---|
| S&P 500 | 0.0% |
| Nasdaq-100 | -0.3% |
| Dow | -0.3% |
| Russell 2000 | -0.4% |
| 10-yr | 5.2% |
| VIX | 15.2 |
| Oil | $96.2 |
A narrow market: the S&P 500 weights companies by size, so a few giants move it, while the average stock is the plain mean of all 500. Over these three months the 10 largest companies account for about 65% of the index's gain. Biggest contributors: Microsoft, Nvidia, Meta Platforms, Apple Inc., Palantir Technologies.
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See plansResearch only, not investment advice or a recommendation to buy or sell any security. Rankings change as data changes and can be wrong. Torvanta and its founder may hold positions in securities discussed. Past performance does not guarantee future results.