Stocks Steady As JOLTS, Fed Take Center Stage
Stocks are pushing higher today, with choppy early morning trading pivoting higher into the start of the two-day Fed meeting. The Dow Jones Industrial Average (DJIA) is up triple digits at last check, poised to make a third-straight triple-digit move. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are modestly in the black, the former heading for fifth win in the last six sessions.
Elsewhere, the labor market found some stability, after the Job Openings and Labor Turnover Survey (JOLTS) survey reported 7.67 million openings for the month, up just 12,000 from September, though hiring fell month-over-month.

Movie theater giant Cinemark Holdings, Inc. (NYSE: CNK) stock is getting blitzed by options traders today. At last check, over 16,000 puts have changed hands, volume that's 13 times the average intraday amount and 16 times the number of calls exchanged. Most of this is around the January 2026 22-strike put, with the 20-strike put in the same series also seeing notable action. CNK is up 2.4% to trade at $24.07, but has given back 15% this quarter alone as the Netflix-Warner Bros merger saga unfolds.
NRG Energy Inc (NYSE: NRG) is near the top of the New York Stock Exchange (NYSE) today, last seen up 3.2% to trade at $169.28, after UBS initiated coverage on the utility stock with a "buy" rating and $211 price target. NRG is up 87% in 2025 but has traded in a tight range since September.
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Campbell's Co (Nasdaq: CPB) is one of the notable laggards on Wall Street today, down 3.7% to trade at $28.92. Although the company's fiscal first-quarter earnings and revenue topped estimates, the latter fell 3% to $2.68 billion. CPB has pivoted lower after a strong open in the black. CPB is heading for its lowest close since 2009, with inflammatory comments from former V.P. Martin Bally late last month a likely persistent headwind. The stock is down 31% in 2025.
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