According to Upstox and MarketAxess style market reporting, the three major United States indexes finished lower on Thursday, with the Dow Jones Industrial Average down **four hundred sixty four point zero two points**, or **zero point eight five percent**, at **fifty three thousand eight hundred eighty five point ten**, the S and P five hundred down **thirteen point five two points**, or **zero point one eight percent**, at **seven thousand seven hundred nine point ninety six**, and the Nasdaq Composite down **fifteen point zero nine points**, or **zero point zero six percent**, at **twenty six thousand three hundred forty eight point thirty five**. According to the cited reports, the main drivers were rising oil prices, Middle East tension around the Strait of Hormuz, higher Treasury yields, and mixed corporate earnings, while energy stocks led the market and software and storage names were among the weakest areas.[1][2][8][16]
According to sector breakdowns in the market coverage, **energy** was the top gainer, while **materials**, **real estate**, **industrials**, **utilities**, and **consumer discretionary** were among the larger decliners. The most notable individual movers mentioned were **Exxon Mobil** and **Chevron** on the upside, while **Western Digital**, **SanDisk**, **Datadog**, and **AppLovin** were among the sharpest losers after earnings and valuation pressure.[7][8][13]
According to the same reports, the heaviest trading and biggest story flow centered on oil, earnings, and the upcoming United States jobs report, with market participants also watching pre market futures that were mixed to slightly weaker for the Dow and S and P five hundred while Nasdaq futures were marginally firmer.[14][17][24] For tomorrow, the key catalysts are the employment data, any fresh Middle East developments, and additional earnings releases that could continue to shift rate and growth expectations.[14][16][33]
Thank you listeners for tuning in, please subscribe. This has been a quiet please production, for more check out quiet please dot ai.
For great deals check out https://amzn.to/403yeYo