What’s likely to move the market in the next trading session

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Millicent Wong
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Traders work on the floor of the New York Stock Exchange on September 18, 2024.

Stephanie Keith | Getty Images

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Here's what CNBC TV producers watched as stocks closed October lower on Thursday, and what's on the radar for the next session.

Great oil

  • Chevron And Exxon Mobil Report in pre-market Friday.
  • CEOs of both companies are expected to appear on CNBC following the reporting. Exxon Mobil's Darren Woods is scheduled to be in attendance at 7 a.m. ET. Chevron's Mike Wirth will appear at 9:00 a.m. ET.
  • Chevron is down 6.8% since it last reported three months ago. The stock is 11% below its late April peak.
  • Exxon Mobil has fallen 1.5% over the past three months. It is also down 7.5% since hitting a 52-week high three weeks ago.

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CVX and XOM in the last 3 months

Car sales in October

  • CNBC TV's Phil LeBeau will report on the numbers and stock reaction Friday morning.
  • Last month, General Motors is up 13%. The stock is 6.5% away from its 52-week high.
  • ford is down 2.5% in a month. The stock is 31% from its July high.
  • Stellar is down nearly 3% over the past month and is 53% below its March high.
  • Toyota fell 2.8% last month. It is also 32% below its 52-week high.
  • Honda is down 4.5% over the past month and down 20% from its 52-week high.
  • Hyundai is down 7% in the last month.

Amazon

  • The company performed better than analysts expected, and now shares are up 5.7% in after-hours trading.
  • A key headline is that Amazon Web Services, the company's cloud side, is growing rapidly.
  • Shares were up 22.7% for the year through Thursday's close.

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AMZN year to date

Apple

  • The tech giant beat profit and revenue expectations for the fiscal fourth quarter.
  • iPhone sales, the metric everyone wants to know, rose 6% compared to the same quarter last year.
  • CEO Tim Cook told CNBC's Steve Kovach that iPhone 15 sales were “stronger than the 14 in the prior-year quarter and 16 stronger than the 15.”
  • Nevertheless, the shares fell by around 2% in after-hours trading.
  • Apple is up 17% in 2024 through Thursday's close.

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AAPL in 2024

Wayfair

  • The online home goods and furniture retailer is expected to report before the market close on Friday.
  • The company has been an investor favorite during the pandemic, peaking at $369 per share in January 2021. The price is now at $42.83.
  • The stock has fallen 23% in the last three months.

Simon property

  • The shopping REIT reports before the bell.
  • The stock is up 10% in the last three months.
  • Simon Property is also down 4.5% from its October 18 peak.
  • The dividend yield as of Thursday is 4.85%.

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SPG year to date

Industry and sector check in October

  • Financial stocks outperformed in October, rising 2.55%.
  • Communication services grew 1.8% for the month.
  • Energy was the third-best performing sector in October, up 0.7%.
  • Healthcare, materials and consumer staples were at the bottom of the list in October. Healthcare fell 4.7%, while the materials and real estate sector lost more than 3%.
  • The number of airlines increased 17% in October. United led the way, up 37% for the month.
  • Building materials rose 10% in October. Martin Marietta and Vulcan each rose 10% for the month.
  • Housing construction was hit hard, recording a 9.6% decline in October. Consumer durables fell 6.3%. DR Horton fell 11.4%. Mohawk Industriesa flooring manufacturer, lost 16.4% for the month.