Market news

24 October 2019
  • 20:11

    Major US stock indices closed trading mostly in positive territory

    The main US stock indices mainly increased, as investors analyzed the fresh reporting unit of American companies.

    Tesla (TSLA) announced that it had adjusted earnings of $ 1.91 per share, which came as a surprise to analysts who forecast a loss of $ 0.28 per share. The company's revenue was slightly lower than Wall Street. Reduced costs and record deliveries of electric cars helped the automaker show profit. TSLA shares soared 17.77%.

    Microsoft (MSFT) reported a profit of $ 1.38 per share, which was $ 0.14 higher than analysts. The company's revenue also exceeded market forecasts. Microsoft’s solid quarterly performance was partially driven by Azure’s cloud business, which grew 59% YoY. MSFT shares rose 1.91%.

    Adjusted quarterly earnings of Dow Inc. (DOW) reached $ 0.91 per share, which was higher than the average forecast of analysts at $ 0.72. The company's quarterly revenues almost coincided with analysts' expectations, although sales decreased by 15.2% yoy due to lower prices for its products. DOW shares rose 4.61%.

    On the contrary, disappointment for market participants was the results of Twitter (TWTR) and 3M (MMM). After the close of the trading session, quarterly reports are expected to be published by Amazon (AMZN), Intel (INTC) and Visa (V).

    Investors also studied several important macro reports. The Commerce Department said a sharp drop in orders for transportation equipment contributed to a more significant than expected decline in orders for durable goods in the US in September. According to data, orders for durable goods fell 1.1% in September after rising by a revised 0.3% in August. Economists had expected orders for durable goods to decline by 0.8% compared with a 0.2% increase reported in the previous month. Excluding the sharp drop in orders for transportation equipment, orders for durable goods fell 0.3% in September after rising 0.3% in August.

    Preliminary Markit PMIs indicated a slight increase in business activity in the US in October, supported by the fastest production expansion in six months. Service activity growth also accelerated, although growth rates in both sectors remained low. According to the report, the manufacturing index rose to 51.5 from 51.1 in September, which indicates that the business environment in the manufacturing sector continued to recover. The recorded rate of improvement was the fastest in six months, driven by stronger production growth, new orders and employment. At the same time, the index of business activity in the services sector rose to 51.0 from 50.9 in September, to a maximum since July.

    Most of the DOW components completed trading in the red (21 of 30). Outsiders were 3M Co. (MMM; -3.69%). The biggest gainers were Dow Inc. (DOW; + 4.26%).

    Most S&P sectors recorded an increase. The technological sector grew the most (+ 0.7%). The largest decline was shown in the raw materials sector (-0.4%).

    At the time of closing:

    Dow 26,805.06 -28.89 -0.11%

    S&P 500 3,010.25 +5.73 +0.19%

    Nasdaq 100 8,185.80 +66.00 +0.81%

  • 19:00

    DJIA -0.19% 26,784.21 -49.74 Nasdaq +0.66% 8,173.63 +53.83 S&P +0.09% 3,007.12 +2.60

  • 16:00

    European stocks closed: FTSE 100 7,326.81 +66.07 +0.91% DAX 12,872.10 +73.91 +0.58% CAC 40 5,684.33 +30.89 +0.55%

  • 13:33

    U.S. Stocks open: Dow +0.25%, Nasdaq +0.65%, S&P +0.32%

  • 13:24

    Before the bell: S&P futures +0.19%, NASDAQ futures +0.55%

    U.S. stock-index futures rose on Thursday as solid quarterly reports from Microsoft (MSFT), Dow (DOW) and Tesla (TSLA) lifted investor sentiment, following disappointing results from several big companies in the previous session.


    Global Stocks:

    Index/commodity

    Last

    Today's Change, points

    Today's Change, %

    Nikkei

    22,750.60

    +125.22

    +0.55%

    Hang Seng

    26,797.95

    +231.22

    +0.87%

    Shanghai

    2,940.92

    -0.6973

    -0.02%

    S&P/ASX

    6,693.60

    +20.50

    +0.31%

    FTSE

    7,329.75

    +69.01

    +0.95%

    CAC

    5,672.83

    +19.39

    +0.34%

    DAX

    12,864.40

    +66.21

    +0.52%

    Crude oil

    $56.12


    +0.27%

    Gold

    $1,495.90


    +0.01%

  • 13:04

    Wall Street. Stocks before the bell

    (company / ticker / price / change ($/%) / volume)


    3M Co

    MMM

    166.28

    -2.48(-1.47%)

    53313

    ALTRIA GROUP INC.

    MO

    46.9

    0.15(0.32%)

    4043

    Amazon.com Inc., NASDAQ

    AMZN

    1,768.00

    5.83(0.33%)

    25278

    American Express Co

    AXP

    116.95

    0.46(0.39%)

    649

    Apple Inc.

    AAPL

    244.46

    1.28(0.53%)

    205995

    AT&T Inc

    T

    37.83

    0.09(0.24%)

    17941

    Boeing Co

    BA

    342.5

    2.00(0.59%)

    17840

    Caterpillar Inc

    CAT

    135.06

    -0.28(-0.21%)

    8542

    Chevron Corp

    CVX

    117.99

    0.01(0.01%)

    235

    Cisco Systems Inc

    CSCO

    47.29

    0.24(0.51%)

    17443

    Exxon Mobil Corp

    XOM

    69.98

    0.23(0.33%)

    4226

    Facebook, Inc.

    FB

    184.98

    -1.17(-0.63%)

    159160

    FedEx Corporation, NYSE

    FDX

    156.09

    0.11(0.07%)

    260

    Ford Motor Co.

    F

    8.89

    -0.32(-3.47%)

    1163289

    General Electric Co

    GE

    9.12

    -0.02(-0.22%)

    27441

    General Motors Company, NYSE

    GM

    36.45

    -0.16(-0.44%)

    1983

    Google Inc.

    GOOG

    1,262.85

    3.72(0.30%)

    1836

    Hewlett-Packard Co.

    HPQ

    17.14

    0.02(0.12%)

    221

    Home Depot Inc

    HD

    234.99

    0.32(0.14%)

    1313

    Intel Corp

    INTC

    52.05

    0.33(0.64%)

    26130

    International Business Machines Co...

    IBM

    134.72

    0.34(0.25%)

    4464

    Johnson & Johnson

    JNJ

    130.41

    0.51(0.39%)

    10624

    JPMorgan Chase and Co

    JPM

    125.29

    0.17(0.14%)

    3648

    McDonald's Corp

    MCD

    199.7

    0.49(0.25%)

    6692

    Merck & Co Inc

    MRK

    83

    0.13(0.16%)

    256

    Microsoft Corp

    MSFT

    138.85

    1.61(1.17%)

    566048

    Nike

    NKE

    92.65

    0.33(0.36%)

    4554

    Pfizer Inc

    PFE

    36.86

    0.09(0.24%)

    2550

    Procter & Gamble Co

    PG

    123.42

    0.42(0.34%)

    1249

    Starbucks Corporation, NASDAQ

    SBUX

    83.09

    0.35(0.42%)

    5575

    Tesla Motors, Inc., NASDAQ

    TSLA

    301.18

    46.50(18.26%)

    1657439

    Twitter, Inc., NYSE

    TWTR

    32.28

    -6.55(-16.87%)

    10426807

    United Technologies Corp

    UTX

    140.68

    0.77(0.55%)

    3690

    Verizon Communications Inc

    VZ

    61

    0.12(0.20%)

    18940

    Visa

    V

    173.7

    2.38(1.39%)

    23309

    Wal-Mart Stores Inc

    WMT

    119.9

    0.55(0.46%)

    554

    Walt Disney Co

    DIS

    131.6

    0.47(0.36%)

    11253

    Yandex N.V., NASDAQ

    YNDX

    32.52

    0.54(1.69%)

    67910

  • 12:19

    Company News: Comcast (CMCSA) quarterly earnings beat analysts’ estimate

    Comcast (CMCSA) reported Q3 FY 2019 earnings of $0.79 per share (versus $.0 65in Q3 FY 2018), beating analysts’ consensus estimate of $0.74.

    The company’s quarterly revenues amounted to $26.827 bln (+21.2% y/y), generally in line with analysts’ consensus estimate of $26.775 bln.

    CMCSA rose to $46.70 (+2.14%) in pre-market trading.

  • 12:12

    Company News: Dow (DOW) quarterly earnings beat analysts’ expectations

    Dow (DOW) reported Q3 FY 2019 earnings of $0.91 per share (versus $1.34 in Q3 FY 2018), beating analysts’ consensus estimate of $0.72.

    The company’s quarterly revenues amounted to $10.764 bln (-15.2% y/y), generally in line with analysts’ consensus estimate of $10.814 bln.

    DOW rose to $48.83 (+3.39%) in pre-market trading.

  • 12:07

    Company News: 3M (MMM) quarterly earnings beat analysts’ forecast

    3M (MMM) reported Q3 FY 2019 earnings of $2.72 per share (versus $2.58 in Q3 FY 2018), beating analysts’ consensus estimate of $2.52.

    The company’s quarterly revenues amounted to $7.991 bln (-2.0% y/y), missing analysts’ consensus estimate of $8.197 bln.

    The company also issued downside guidance for Q4 FY 2019, projecting GAAP EPS of $2.05-2.15 versus analysts’ consensus estimate of $2.37.

    MMM fell to $166.21 (-1.51%) in pre-market trading.

  • 11:42

    Company News: Twitter (TWTR) quarterly results miss analysts’ estimates

    Twitter (TWTR) reported Q3 FY 2019 earnings of $0.14 per share (versus $0.21 in Q3 FY 2018), missing analysts’ consensus estimate of $0.20.

    The company’s quarterly revenues amounted to $0.824 bln (+8.7% y/y), missing analysts’ consensus estimate of $0.875 bln.

    Twitter’s average monetizable daily active usage (mDAU) was 145 mln versus analysts’ consensus estimate of 142 mln and compared to 124 million in the same period of the previous year and 139 million in the previous quarter.

    The company also issued downside guidance for Q4 FY 2019, projecting revenues of $940-1010 mln versus analysts’ consensus estimate of $1.05 bln

    TWTR fell to $31.15 (-19.78%) in pre-market trading.

  • 11:27

    Company News: Ford Motor (F) quarterly earnings beat analysts’ estimates

    Ford Motor (F) reported Q3 FY 2019 earnings of $0.34 per share (versus $0.29 in Q3 FY 2018), beating analysts’ consensus estimate of $0.26.

    The company’s quarterly revenues amounted to $33.931 bln (-2.1% y/y), generally in line with analysts’ consensus estimate of $33.876 bln.

    The company also issued in-line guidance for FY 2019, projecting EPS of $1.20-1.32 versus analysts’ consensus estimate of $1.26 and its prior guidance of $1.20-1.35.

    F fell to $8.83 (-4.13%) in pre-market trading.

  • 11:17

    Company News: Microsoft (MSFT) quarterly results beat analysts’ expectations

    Microsoft (MSFT) reported Q1 FY 2020 earnings of $1.38 per share (versus $1.14 in Q1 FY 2019), beating analysts’ consensus estimate of $1.24.

    The company’s quarterly revenues amounted to $33.055 bln (+13.7% y/y), beating analysts’ consensus estimate of $32.240 bln.

    MSFT rose to $138.48 (+0.90%) in pre-market trading.

  • 11:11

    Company News: Tesla (TSLA) posts surprise quarterly profit

    Tesla (TSLA) reported Q3 FY 2019 earnings of $1.91 per share (versus $2.90 in Q3 FY 2018), better than analysts’ consensus estimate of -$0.28.

    The company’s quarterly revenues amounted to $6.303 bln (-7.6% y/y), missing analysts’ consensus estimate of $6.476 bln.

    TSLA rose to $301.00 (+18.19%) in pre-market trading.

  • 00:30

    Stocks. Daily history for Wednesday, October 23, 2019

    Index Change, points Closed Change, %
    NIKKEI 225 76.48 22625.38 0.34
    Hang Seng -219.47 26566.73 -0.82
    KOSPI -8.24 2080.62 -0.39
    ASX 200 0.9 6673.1 0.01
    FTSE 100 48.25 7260.74 0.67
    DAX 43.5 12798.19 0.34
    Dow Jones 45.85 26833.95 0.17
    S&P 500 8.53 3004.52 0.28
    NASDAQ Composite 15.49 8119.79 0.19
Open Forex Demo Account
I understand and accept the Privacy Policy and agree that my name and contact details can be used by TeleTrade to contact me about the information I have selected.
37 International Awards
Have a question?

We are ready to assist you in every step of your trading experience
by providing 24/5 multilingual customer support.

Follow us

Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.

© 2011-2020 TeleTrade-DJ International Consulting Ltd

TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

The content on this website is for information purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

TeleTrade cooperates exclusively with regulated financial institutions for the safekeeping of clients' funds. Please see the entire list of banks and payment service providers entrusted with the handling of clients' funds.

Please read our full Terms of Use.

To maximise our visitors' browsing experience, TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. You may change your cookie consent or view our cookie declaration here.

TeleTrade-DJ International Consulting Ltd currently provides its services on a cross-border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected 3rd countries. TeleTrade does not provide its services to residents or nationals of the USA.

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.