Inventory futures upward thrust after the Nasdaq declines additional into correction territory: Are living updates

An Hour Ago10 out of eleven sectors are set to finish this month within the negativeEight out of the 11 sectors ended Thursday’s buying and selling consultation in damaging territory. The communique products and services sector was once the laggard, sliding 2.58%, whilst actual property was once the finest performer, up 2.15%.8 sectors also are damaging at the week, once more resulted in the drawback by way of communique products and services. The sphere is down 6.38%, on tempo to submit its worst weekly efficiency since February of this yr. Utilities, which is up 3.11%, is the best-performing sector to this point at the week.Proceeding this theme, 10 sectors are set to near the month in damaging territory. Client discretionary is down probably the most at 7.93% month up to now, on tempo for its worst per 30 days efficiency since December 2022. Utilities, up 1.53%, is the best-performing sector this month.— Lisa Kailai Han, Christopher HayesAn Hour AgoThe primary averages are on tempo for 3 immediately shedding monthsStocks are limping during the fall, and all 3 of the key averages are poised to submit their 0.33 consecutive month of declines.In October, the S&P 500 is down 3.52%. The Nasdaq Composite is off 4.72%, and the Dow Jones Commercial Moderate is down 2.16%.If the month ends with losses for the indexes, it’s going to be the primary time the Dow and the S&P 500 have had 3 immediately months of declines since March 2020. The remaining time the Nasdaq fell for 3 consecutive months was once again in June 2022.-Darla Mercado, Chris HayesAn Hour AgoStocks making the largest strikes after the bell: Intel, Amazon and moreThese are the shares shifting probably the most in after-hours buying and selling:Amazon — The e-commerce large’s stocks won 3.8% after beating analysts’ forecasts at the most sensible and backside traces within the 0.33 quarter.Intel — The inventory traded just about 9% upper in post-market hours after the semiconductor chip producer beat third-quarter profits.Chipotle Mexican Grill — The burrito chain won greater than 2% in prolonged buying and selling at the again of profits effects that beat what Wall Side road was once anticipating, in line with a survey of analysts by way of LSEG.Learn the total checklist of shares shifting right here.— Lisa Kailai HanAn Hour AgoStock futures open upper Thursday

Author: OpenAI