U.S. stock-index futures rose on Thursday, as expectations of more fiscal stimulus being approved in the U.S. outweighed disappointing weekly jobless claims.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 23,647.07 | +224.25 | +0.96% |
Hang Seng | 24,193.35 | -49.51 | -0.20% |
Shanghai | - | - | - |
S&P/ASX | 6,102.00 | +65.60 | +1.09% |
FTSE | 5,983.61 | +37.36 | +0.63% |
CAC | 4,908.47 | +26.47 | +0.54% |
DAX | 13,023.19 | +94.62 | +0.73% |
Crude oil | $40.81 | +2.15% | |
Gold | $1,904.20 | +0.71% |
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 167.5 | 1.01(0.61%) | 2519 |
ALCOA INC. | AA | 12.39 | 0.15(1.23%) | 14376 |
ALTRIA GROUP INC. | MO | 40.7 | 0.17(0.42%) | 9578 |
Amazon.com Inc., NASDAQ | AMZN | 3,224.36 | 28.67(0.90%) | 61981 |
American Express Co | AXP | 103.41 | 0.46(0.45%) | 4941 |
AMERICAN INTERNATIONAL GROUP | AIG | 29.8 | 0.24(0.81%) | 693 |
Apple Inc. | AAPL | 116.25 | 1.17(1.02%) | 1383164 |
AT&T Inc | T | 28.32 | 0.04(0.14%) | 440068 |
Boeing Co | BA | 166.28 | 1.67(1.01%) | 161085 |
Caterpillar Inc | CAT | 155.5 | 0.73(0.47%) | 4206 |
Chevron Corp | CVX | 74.45 | 0.67(0.91%) | 10988 |
Cisco Systems Inc | CSCO | 39.78 | 0.38(0.96%) | 58694 |
Citigroup Inc., NYSE | C | 44.92 | 0.08(0.18%) | 136955 |
E. I. du Pont de Nemours and Co | DD | 58.05 | 0.39(0.68%) | 931 |
Exxon Mobil Corp | XOM | 33.89 | 0.39(1.16%) | 57141 |
Facebook, Inc. | FB | 260.16 | 2.04(0.79%) | 108635 |
FedEx Corporation, NYSE | FDX | 271.57 | 3.31(1.23%) | 12858 |
Ford Motor Co. | F | 7.3 | 0.07(0.97%) | 113375 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 17.19 | 0.31(1.84%) | 59678 |
General Electric Co | GE | 6.36 | 0.05(0.79%) | 902567 |
General Motors Company, NYSE | GM | 31.86 | 0.24(0.76%) | 18212 |
Goldman Sachs | GS | 205 | 1.40(0.69%) | 11247 |
Home Depot Inc | HD | 285 | 2.21(0.78%) | 5664 |
HONEYWELL INTERNATIONAL INC. | HON | 172 | 0.45(0.26%) | 2077 |
Intel Corp | INTC | 52.96 | 0.29(0.55%) | 81302 |
International Business Machines Co... | IBM | 135 | 10.93(8.81%) | 2151825 |
Johnson & Johnson | JNJ | 148.55 | 0.67(0.45%) | 17483 |
JPMorgan Chase and Co | JPM | 100.4 | 0.67(0.67%) | 102678 |
McDonald's Corp | MCD | 227.22 | 0.74(0.33%) | 107671 |
Merck & Co Inc | MRK | 80.12 | 0.08(0.10%) | 9419 |
Microsoft Corp | MSFT | 210.6 | 0.77(0.37%) | 158031 |
Nike | NKE | 130.7 | 0.64(0.49%) | 5266 |
Pfizer Inc | PFE | 36.58 | 0.11(0.30%) | 50987 |
Procter & Gamble Co | PG | 140.99 | 0.29(0.21%) | 2484 |
Starbucks Corporation, NASDAQ | SBUX | 88.8 | 0.35(0.40%) | 6984 |
Tesla Motors, Inc., NASDAQ | TSLA | 437.8 | 12.50(2.94%) | 1119516 |
The Coca-Cola Co | KO | 49.73 | 0.17(0.34%) | 6959 |
Travelers Companies Inc | TRV | 114.83 | 1.03(0.91%) | 935 |
Twitter, Inc., NYSE | TWTR | 46.35 | 0.48(1.05%) | 24220 |
Verizon Communications Inc | VZ | 59.09 | 0.11(0.18%) | 48616 |
Visa | V | 203.12 | 0.65(0.32%) | 6147 |
Wal-Mart Stores Inc | WMT | 141.55 | 0.66(0.47%) | 15979 |
Walt Disney Co | DIS | 123.59 | 0.68(0.55%) | 19688 |
Yandex N.V., NASDAQ | YNDX | 61.79 | 0.94(1.54%) | 33671 |
Tesla (TSLA) upgraded to Buy from Neutral at New Street; tgt $578
The data from
the Labor Department revealed on Thursday the number of applications for
unemployment exceeded economists’ forecast last week, as the U.S. labor market
struggles to recover from its biggest shock in history, caused by the
COVID-19 pandemic.
According to
the report, the initial claims for unemployment benefits totaled 840,000 for
the week ended October 3.
Economists had
expected 820,000 new claims last week.
Claims for the
prior week were revised upwardly to 849,000 from the initial estimate of 837,000.
Meanwhile, the
four-week moving average of claims dropped to 857,000 from an upwardly revised
870,250 in the previous week.
Continuing
claims declined to 10,976,000 million from an upwardly revised 11,979,000 in
the previous week.
FXStreet reports that analysts at Credit Suisse note that upward pressure continues to build in the S&P 500 Index with a break above 3429/44 seen marking the completion of a “head & shoulders” base for a resumption of the broader core uptrend.
“The S&P 500 has for now essentially ignored the bearish ‘reversal day’ from Tuesday and this leaves the focus firmly on the mid-September highs and 61.8% retracement of the fall from September at 3429/44.”
“With a clear ‘head & shoulders’ base forming and with daily MACD momentum having already turned higher our bias leans higher for an eventual clear and sustained move above 3444. This would then see a more important base established to mark a resumption of the core uptrend. We would then see resistance at 3495 initially ahead of 3565 and eventually the 3588 high. Immediate support moves to 3396/94, with 3385/81 now ideally holding to keep the immediate risk higher.”
| Index | Change, points | Closed | Change, % |
|---|---|---|---|
| NIKKEI 225 | -10.91 | 23422.82 | -0.05 |
| Hang Seng | 262.21 | 24242.86 | 1.09 |
| KOSPI | 21.04 | 2386.94 | 0.89 |
| ASX 200 | 74.3 | 6036.4 | 1.25 |
| FTSE 100 | -3.69 | 5946.25 | -0.06 |
| DAX | 22.55 | 12928.57 | 0.17 |
| CAC 40 | -13.46 | 4882 | -0.27 |
| Dow Jones | 530.7 | 28303.46 | 1.91 |
| S&P 500 | 58.48 | 3419.45 | 1.74 |
| NASDAQ Composite | 210 | 11364.6 | 1.88 |
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