Dow Snaps Win Streak With Modest Loss

The Dow snapped a four-day win streak on Thursday, as Walmart's (WMT) grim forecast weighed on the blue-chip index. A wider-than-expected drop in import prices for October contributed to today's pessimism, while lackluster manufacturing data did little to ease concerns. Meanwhile, both the Nasdaq and S&P 500 settled just above breakeven, despite struggles for energy and tech stocks

Closing Index Summary November 162023

NYSE and Nasdaq Stat November 162023

Earnings November 162023

Unusual Options Activity November 162023


OIL PRICES PLUMMET AMID DEMAND FEARS

Oil prices extended their decline on Thursday, closing at their lowest level since July as traders worried energy demand would slow down after today's batch of economic data. December-dated West Texas Intermediate (WTI) crude fell $3.76, or 4.9%, to close at $72.90 a barrel for the day.

Meanwhile, gold prices settled higher, as Wall Street continued to bet on the end of the Federal Reserve's interest rate campaign. December-dated gold rose $22.30, or 1.1%, to close at $1,986.60 an ounce for the day.


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