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

By
Millicent Wong
-
0
68
hide content

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

Stephanie Keith | Getty Images

Stocks @ Night is a daily newsletter sent after hours, giving you a first look at tomorrow and a last look at today. Sign up for free to receive it straight to your inbox.

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.

Stock chart iconStock chart icon

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.

Stock chart iconStock chart iconHide content

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.

Stock chart iconStock chart iconHide content

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%.

Stock chart iconStock chart iconHide content

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.