Wall Street Quiet After War, Focus Turns to Economic Data

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Yesterday (Wednesday) the major indexes saw moderate movement with the Dow up 0.09%, the S&P 500 barely moving with a 0.01% gain, and the Nasdaq up 0.08%.


Sectors such as energy, technology and finance lead the market, while consumer-based sectors such as consumer base and communication services lag behind.



Nike fell 6.8% after withdrawing its annual forecast, and Tesla fell 3.5% following disappointing delivery numbers.


Today (Thursday) US stocks showed some gains as investors focused on some data at the end of the week, especially the September NFP jobs report.


In extended trade, Levi Strauss saw a sharp decline of more than 10% after cutting its full-year earnings outlook, with speculation that the sale of its Dockers brand could hurt the company's overall performance.


On the economic front, private sector employment exceeded expectations in September, evidence of a strong labor market.



Meanwhile, geopolitical tensions in the Middle East continue to weigh on investor sentiment amid fears of a growing regional conflict.

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