Dow Brushes Off Record High, Plunges 324 Points

As expected, earnings controlled Wall Street's sentiment today, with a slew of lackluster big-name reports pushing the Dow off its fresh peak and down triple digits, alongside the Nasdaq. The S&P 500 trailed with a loss of its own. Today's biggest drivers were blue chips and tech, including United Health (UNH), which pulled back 8.1%. Conversely, the VIX managed to claw its way back above 20.

Closing Index Summary October 152024

NYSE and Nasdaq Stats October 152024

Earnings October 152024

Unusual Options Activity October 152024


OIL PLUMMETS TO 2-WEEK LOWS

Oil plunged to two-week lows, after Israel stated it will not endanger Iranian oil reserves. November-dated West Texas Intermediate (WTI) crude fell $3.70, or 5%, to settle at $70.13 per barrel for the session.

Gold futures moved higher Tuesday, riding on the back of an easing 10-year Treasury yield. Gold for December delivery added 0.7% to trade at $2,683, at last check.


More By This Author:

Stocks Cool Off As Nasdaq Sheds Triple Digits
Major Indexes Finish Higher As Earnings Season Sets In
Stocks Push Higher As S&P 500 Nabs New Record

How did you like this article? Let us know so we can better customize your reading experience.

Comments