News
U.S. airline stocks fell across the board, with American Airlines down 5.6%, Southwest Airlines down 4%, JetBlue Airways down 5%, Delta Air Lines down 4.7%, Alaska Airlines Group down 5.2%, and United Airlines down 5.1%.
Ukrainian President Zelensky: Hopes the United States will fulfill its promise to deliver the Patriot interceptor missiles.
Ukrainian President Zelensky: Discussed the outcomes of the Norway meeting with the US special envoy.
Ukrainian President Zelensky: I just spoke with US President's special envoy Witkov and Trump's son-in-law Jared Kushner.
U.S. Treasury yields maintained their gains after the release of the University of Michigan consumer sentiment data; the 10-year Treasury yield was last up 3.94 basis points to 4.992%.
The S&P 500 Energy Index rose 1.9% to a record high as crude oil prices continued to climb.
The U.S. Department of Energy has approved the emergency transfer of up to 400,000 barrels of crude oil from the Strategic Petroleum Reserve (SPR) to address a crude oil supply disruption affecting the Lake Charles refinery at Phillips 66 in Louisiana.
The final value of the University of Michigan Consumer Confidence Index and the one-year inflation rate forecast for October will be announced in ten minutes.
The preliminary reading of the S&P Global Manufacturing PMI for October in the United States was 56, the highest level in 53 months.
The preliminary reading of the S&P Global Services PMI for October in the United States was 57.9, below the expected 58 and the previous reading of 58.8.
The preliminary reading of the S&P Global Manufacturing PMI for October in the United States was 56, below the expected 55.5 and the previous reading of 55.9.
The preliminary reading of the S&P Global Composite PMI for October in the United States was 57.6, below the expected 57.4 and the previous reading of 58.4.
The S&P 500 and Nasdaq both hit five-week lows, recently down 0.4% and 0.2%, respectively.
According to Reuters, a Trump administration official stated that the $8 billion in diesel subsidies provided by the U.S. government to farmers will not be distributed before the November 3rd election.
The preliminary readings of the S&P Global Manufacturing and Services PMI for October in the United States will be released in ten minutes.
The Dow Jones Industrial Average opened down 505.90 points, or 0.96%, at 52,362.08 on Friday, October 23; the Nasdaq Composite Index opened down 117.86 points, or 0.45%, at 25,891.00; and the S&P 500 Index opened down 36.07 points, or 0.47%, at 7,627.36.
U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.32%, the S&P 500 down 0.53%, the Nasdaq Composite down 0.45%, Tesla (TSLA.O) down 1.3%, Meta Platforms (META.O) down 1.5%, Western Digital (WDC.O) down 1.4%, and Blackstone Group (BX.N) down more than 1%.
Lufthansa: The Lufthansa Group has decided today to postpone its planned resumption of flights to Dubai, UAE, until November 25, 2026.
The White House: Russia and Ukraine have agreed to temporarily halt all military operations in Oreshki to allow humanitarian aid to enter and to prepare for the evacuation of civilians through designated safe passages.
The White House: Melania Trump has successfully brokered a partial ceasefire between Russia and Ukraine in Oreshki. The ceasefire will begin on October 29.