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Wall Street holds steady at Wednesday's open after a bad Tuesday for the S&P 500 and Dow

• Wall Street is holding steadier Wednesday after the bond market relaxed its vise a bit on the stock market
• The Dow Jones Industrial Average added 51 points, or 0.2%, a day after wiping out its gains for the year so far
• The high yields undercut stock prices by pulling investment dollars away from stocks and into bonds
• On Wall Street currently, the hope is for a cooling job market because that may mean less upward pressure on inflation
• Benchmark U.S. crude fell 2.9% to $86.68 per barrel
• It’s been pulling back since topping $93 last week
• Asian stocks tumbled more, coming off the prior day’s sharp losses from Wall Street
• Tokyo’s Nikkei 225 index sank 2.3%, South Korea’s Kospi dropped 2.4% and Hong Kong’s Hang Seng skidded 0.8%.

Stock Market News Today: Dow, S&P 500 Slip; Intel Stock in Focus

• The yield on the 30-year U.S. Treasury bond briefly breached 5%, while Germany's 10-year Bund yield touched 3% for the first time in 12 years
• The latest reading from payroll firm ADP showed private-sector hiring cooled much more than expected in September
• The three major indexes were bouncing around
• The S&P 500 was recently roughly flat, while the Dow industrials were down and the Nasdaq climbed
• Brent crude, the international benchmark, traded below $90.Most the S&P 500's 11 sectors gained
• Hong Kong’s Hang Seng set a fresh 2023 low for the second day running
• The Cboe Volatility Index retreated after jumping past 20
• A VIX reading higher than 20 typically indicates fear is rising among investors.

Dow Movers: CVX, MSFT

• In early trading on Wednesday, shares of Microsoft topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.3%
• Year to date, Microsoft registers a 32.4% gain
• And the worst performing Dow component thus far on the day is Chevron, trading down 2.5%
• Chevron is lower by about 9.3% looking at the year to date performance
• Two other components making moves today are Walgreens Boots Alliance, trading down 1.5%, and Salesforce, trading up 0.8% on the day.

S&P Dow Jones Indices Reports U.S. Common Indicated Dividend Payments Increase $8.8 Billion in Q3 2023, as the 12-month Gains $37.5 Billion

• • Q3 2023 U.S. common dividend increases were , up 84.0% from in Q2 2023 and down 5.7% from in Q3 2022.•
• Q3 2023 U.S. common dividend decreases were , up 66.5% from in Q2 2023, and up 552% from in Q3 2022.• Q3 2023 net indicated dividend rate change increased , compared to in Q2 2023, and in Q3 2022.•
• The net 12-month indicated dividend gain was , compared to ending in .NEW YORK, Oct. 4, 2023 /PRNewswire/ --
• S&P Dow Jones Indices announced today that the indicated dividend net changes (increases less decreases) for U.S. domestic common stocks increased $8.8 billion during Q3 2023, compared to a $4.3 billion increase in Q2 2023 and $17.7 billion increase in Q3 2022
• Increases were $18.0 billion versus $9.8 billion for Q2 2023, and decreases were $9.2 billion compared to $5.5 billion in the previous quarter
• For all 12-months ending in September 2023, the net dividend rate increased $37.5 billion, compared to the net $71.5 billion ending in September 2022
• Increases were $63.9 billion versus $86.7 billion, and decreases were $26.4 billion compared to $15.2 billion
• For the 12-month period, 479 issues decreased their dividend payments, a 106% increase compared to the 232 decreases in the 12-month period.•

U.S. stocks open slightly higher after ADP employment report

• U.S. stocks opened slightly higher Wednesday, as investors weighed a national employment report from ADP that pointed to jobs growth in September that was slower than Wall Street expected
• The Dow Jones Industrial Average DJIA, was up 0.2% soon after the opening bell, while the S&P 500 SPX, gained 0.2% and the Nasdaq Composite COMP, increased 0.3%, according to FactSet data, at last check
• Payroll-processing company ADP estimated on Wednesday that the U.S. added 89,000 private-sector jobs last month
• That’s below the gain of 150,000 jobs forecast by economists polled by the Wall Street Journal
• Analysts note the ADP report isn’t seen as a reliable guide to official jobs figures due at the end of the week
• Treasury yields were trading down Wednesday morning ahead of the ADP report, moving slightly lower from there as investors digested the jobs data
• Ten-year Treasury yields are now trading down about five basis points at around 4.75%, according to FactSet data, at last check.

2 Dow Stocks to Hold for a Decade or More

• There's a broad subset of investors with a strong infatuation for members of the Dow Jones Industrial Average
• These businesses are well-established, and the stocks often provide regular streams of passive income through dividend payments
• By narrowing your focus on these industry leaders, you can increase the potential to find stocks with attractive growth prospects
• McDonald's (MCD -0.04%)
• McDonald's brand has never been stronger," CEO Chris Kempczinski told investors in late August
• Apple (AAPL -0.04%) is another stellar Dow stock that's likely to send out bigger payments to its shareholders in a few decades
• CEO Tim Cook in early August celebrated the milestone of Apple having crossed 1 billion paid subscriptions, after all
• If Apple can maintain its positive momentum, there's no reason why the company couldn't continue boosting annual earnings for many years.

Private payrolls rose 89,000 in September, far below expectations, ADP says

• Private payroll growth tailed off sharply in September, according to an ADP report Wednesday that provides a counterweight to other signs that the labor market is still running strong
• ADP also said annual wage growth slowed to 5.9%, the 12th consecutive monthly decline
• However, the ADP numbers can differ significantly from the government's official count, which comes Friday
• Economists estimate nonfarm payrolls increased by 170,000 in September, down from a 187,000 rise in August, according to Dow Jones
• Job gains, according to Wednesday's report, came almost exclusively from services, which contributed a net 81,000 to the total
• However, they were offset by losses of 32,000 in professional and business services, 13,000 in trade, transportation and utilities, and 12,000 in manufacturing
• "The report comes a day after the Labor Department said job openings unexpectedly rose sharply in August
• Medium-sized companies contributed 72,000, while those with 500 or more employees lost 83,000.

Dow rallies after weak ADP payrolls data, bond yields ease

• US stocks recouped some of Tuesday's heavy losses in early trading, although the mood remained cautious ahead of non-farm payrolls on Friday and ongoing political uncertainty
• Large establishments drove the slowdown, losing 83,000 jobs and wiping out gains they made in August," ADP said
• Stocks fell sharply on Tuesday after robust jobs vacancies figures gave further credence to the belief interest rates will stay elevated for some to come
• Bond yields jumped once more and their trajectory will be closely watched again
• Deutsche Bank’s Jim Reid noted the last 24 hours saw the “relentless bond sell-off continue, with yields rising to fresh multi-year highs on both sides of the Atlantic.”
• Today, the data driven Federal Reserve will have another indication as to the health of the jobs markets, plus a services sector reading
• Factory order numbers are also due, and are expected to show an increase of 0.2% after slipping 2.1% in July
• In corporate news, ExxonMobil is due to release its third-quarter earnings considerations in a regulatory filing, offering a preview of its results.

MRP Capital Investments LLC Makes New Investment in S&P Global Inc. (NYSE:SPGI)

• MRP Capital Investments LLC bought a new position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission
• Fiduciary Alliance LLC acquired a new stake in shares of S&P Global in the 2nd quarter worth $27,000
• Ridgewood Investments LLC acquired a new stake in S&P Global during the first quarter worth about $28,000
• Resources Management Corp CT ADV purchased a new position in S&P Global during the first quarter worth about $28,000
• Finally, Pacifica Partners Inc. grew its stake in shares of S&P Global by 76.4% in the 1st quarter
• It operates through six segments: S&P Global Ratings, S&P Dow Jones Indices, S&P Global Commodity Insights, S&P Global Market Intelligence, S&P Global Mobility, and S&P Global Engineering Solutions.•
• Should you invest $1,000 in S&P Global right now?Before you consider S&P Global, you'll want to hear this
• While S&P Global currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

Amazon.com Inc (AMZN-Q) Quote - Press Release

• In Tuesday’s trading session, the benchmark S&P 500 and blue-chip Dow fell to 4-month lows
• McCormick (MKC) plunged over -8% after the spice maker reported weaker-than-expected Q3 sales
• In addition, Airbnb Inc (ABNB) fell more than -6% after KeyBanc Capital Markets downgraded the stock to Sector Weight from Overweight
• On the bullish side, HP Inc (HPQ) rose over +1% after BofA Global Research upgraded the stock to Buy from Underperform
• “I am not in a hurry to raise, but I am not in a hurry to reduce either,” Bostic said
• Apple Inc (AAPL) fell more than -1% in pre-market trading after KeyBanc Capital Markets downgraded the stock to Sector Weight from Overweight
• Cal-Maine Foods Inc (CALM) plunged over -12% in pre-market trading after the company reported downbeat Q1 results
• B&G Foods Inc (BGS) slid more than -4% in pre-market trading after Piper Sandler downgraded the stock to Underweight from Neutral.

Should You Still Buy the Dow Jones' Best-Performing September Stocks?

• September was a tough month for the Dow Jones Industrial Average (DJINDICES: ^DJI), but that wasn't the case for every Dow constituent
• If you look at the context of these bullish moves, you can make a reasonable decision regarding the Dow's best-performing stocks in September
• Rather, if you look at the timing of most of the stock's September gain, it correlates strongly with the broad market's most bearish days
• Fearing that more marketwide selling was on the way, investors specifically sought out safe-haven names like UnitedHealth Group
• Amgen shares also benefited from this flight to more economically resilient names when most other stocks were crashing mid-month
• To buy or not to buy?So, are any or all of these Dow stocks worth buying in the wake of last month's market-beating rallies?
• The current consensus price target of nearly $571 per share is nearly 12% above the stock's present price near $511
• Consumption hit yet another new record last year despite the planet's continued work toward transitioning to cleaner alternative energy.

Treasury yields retreat from 16-year highs after weaker-than-expected ADP jobs report

• Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City
• Treasury yields fell from multiyear highs on Wednesday after new jobs data showed tentative signs of a weakening labor market
• The yield on the 10-year Treasury note dropped more than 5 basis points to 4.745% following the data release
• Earlier, yields rose as high as 4.884% after crossing the 4.8% mark on Tuesday — levels last seen in 2007.Payroll processing firm ADP said job growth totaled just 89,000 in September, sharply below the 160,000 estimate from economists polled by Dow Jones
• The 30-year Treasury bond yield slid 6 basis points to 4.87%, after briefly trading above 5% earlier in the session, also at levels last seen in 2007
• The 2-year Treasury note yield was last down 5 basis points at 5.096%
• Yields and prices have an inverse relationship, so that when prices rise, yields fall.

Les rendements souverains toujours plus hauts, le Dow Jones de nouveau en baisse depuis le début de l’année

• La baisse de la Bourse de Paris va se poursuivre ce mercredi, au vu de l’envolée des rendements souverains et des craintes toujours plus prégnantes sur la politique monétaire restrictive de la Reserve fédérale
• La perspective que les taux d’intérêt vont rester plus élevés plus longtemps
• , ce qu’au moins quatre responsables de la Fed ont martelé cette semaine, fait douloureusement son chemin dans toutes les têtes et dans les cours des marchés
• Le Cac 40 a basculé mardi sous le cap des 7.000 points pour la première en séance depuis le 24 mars et en clôture depuis le 17 mars
• l’augmentation inattendue des offres d'emploi aux Etats-Unis en août, qui conforte l’idée d’un marché du travail toujours solide, malgré les efforts de la Fed
• « Bien que les embauches et les licenciements soient restés stables, le monde financier était malheureux de voir autant d’opportunités
• d’emploi (9,61 millions) offertes aux Américains, ce qui laisse supposer que le marché du travail pourrait à nouveau se resserrer
• Et cela signifie que les Américains conserveront leur emploi, en trouveront de nouveaux, demanderont de meilleurs salaires et continueront à dépenser », commente Ipek Ozkardeskaya chez Swissquote.

Daily Open: High rates are breaking something new in markets

• Traders work on the floor of the New York Stock Exchange during afternoon trading on July 18, 2023 in New York City
• This report is from today's CNBC Daily Open, our new, international markets newsletter
• CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are
• dropsMajor U.S. indexes sank at least 1% Tuesday, pushing the Dow Jones Industrial Average into the red for the year
• The 10-year Treasury yield hit 4.8% earlier in the day, a 16-year high
• Asia-Pacific markets followed Wall Street lower Wednesday
• Both Japan's Nikkei 225 and South Korea's Kospi lost around 2%
• Patrick McHenry, a close McCarthy ally, will assume the role of speaker temporarily; McCarthy said he won't be running again.[PRO]

Nervoza vse večja, Dow Jones pa že nižje kot na začetku leta

Dow Jones slips into negative for 2023, Maruti Suzuki receives tax notice and more | Market Minutes

• Discover the latest business news, Sensex, and Nifty updates
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Morgan Stanley Maintains S&P Global (SPGI) Overweight Recommendation

• Fintel reports that on October 3, 2023, Morgan Stanley maintained coverage of S&P Global (NYSE:SPGI) with a Overweight recommendation
• As of August 31, 2023, the average one-year price target for S&P Global is 455.74
• The projected annual revenue for S&P Global is 12,711MM, an increase of 5.41%
• The projected annual non-GAAP EPS is 12.85.What is the Fund Sentiment?There are 2720 funds or institutions reporting positions in S&P Global
• VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 10,000K shares representing 3.14% ownership of the company
• VFINX - Vanguard 500 Index Fund Investor Shares holds 7,809K shares representing 2.45% ownership of the company
• Its divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts
• Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Dow Drops Nearly 400 Points, Headed for Worst Day in Months

• Dow Drops Nearly 400 Points, Headed for Worst Day in MonthsThe stock market selloff won't let up, and now the Dow Jones Industrial Average is facing its worst day in months
• The losses are being driven by Goldman Sachs (ticker: GS), down 3.4%, Microsoft (MSFT) 2.8% lower, and American Express (AXP) falling 2.8%.The Dow was down 446 points, or 1.3%
• If the index falls more than 1.1% on Tuesday, that would be its worst one-day percentage decline since March 22, when it dropped 1.6%, according to Dow Jones Market Data
• The S&P 500 had fallen 1.5%, while the Nasdaq Composite had tumbled 1.9%.

S&P Dow Jones Indices annonce des modifications à l'indice composé S&P/TSX

• TORONTO, le 3 oct. 2023 /CNW/
• TransAlta Renewables sera retiré de l'indice composé S&P/TSX avant l'ouverture du marché, le 10 octobre 2023
• Parallèlement, le nombre d'actions en circulation de TransAlta Corporation sera augmenté afin de tenir compte de l'émission d'actions
• Pour obtenir de plus amples renseignements sur S&P Dow Jones Indices, veuillez visiter le site www.spdji.com
• S&P Dow Jones Indices est la plus importante ressource mondiale en ce qui touche les données, la recherche et les concepts essentiels fondés sur les indices
• Elle regroupe des indicateurs financiers réputés tels que le S&P 500® et le Dow Jones Industrial Average®
• Davantage d'actifs sont investis dans des produits fondés sur nos indices que sur ceux de tout autre fournisseur dans le monde
• S&P Dow Jones Indices est une division de S&P Global (NYSE: SPGI), qui fournit des renseignements essentiels aux particuliers, aux entreprises et aux gouvernements pour leur permettre de prendre des décisions en toute confiance.

This Was The Dow's Worst Day Since March

• The Dow Jones Industrial Average lost 1.3% on Tuesday, its biggest one-day loss since March, around the time Silicon Valley Bank collapsed.

The Dow Gives Up Its 2023 Gains

• The blue-chip Dow Jones Industrial Average closed down more than 400 points and gave up its gains for the year
• It's now down 0.4% for 2023, while the S&P 500 and tech-heavy Nasdaq Composite are still hanging onto gains.

DraftKings Inc. Cl A stock falls Tuesday, underperforms market

• Shares of DraftKings Inc
• Cl A DKNG, slipped 4.03% to $27.87 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, falling 1.87% to 13,059.47 and Dow Jones Industrial Average DJIA, falling 1.29% to 33,002.38.This was the stock's second consecutive day of losses
• DraftKings Inc
• Cl A closed $6.62 below its 52-week high ($34.49), which the company reached on August 4th
• Trading volume (10.0 M) remained 2.2 million below its 50-day average volume of 12.2 M. Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet
• See our market data terms of use.

DISH Network Corp. Cl A stock falls Tuesday, underperforms market

• Shares of DISH Network Corp
• DISH Network Corp
• Cl A closed $12.34 short of its 52-week high ($17.49), which the company reached on November 15th
• The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. AMZN, fell 3.66% to $124.72, Netflix Inc
• NFLX, fell 0.94% to $376.75, and Walt Disney Co
• DIS, fell 2.61% to $79.54
• Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet
• See our market data terms of use.

AMC Entertainment Holdings Inc. Cl A stock underperforms Tuesday when compared to competitors

• Shares of AMC Entertainment Holdings Inc
• Cl A AMC, slid 3.68% to $7.85 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, falling 1.87% to 13,059.47 and Dow Jones Industrial Average DJIA, falling 1.29% to 33,002.38.AMC Entertainment Holdings Inc
• Cl A closed $72.89 below its 52-week high ($80.74), which the company reached on December 1st
• The stock underperformed when compared to some of its competitors Tuesday, as Cinemark Holdings Inc. CNK, fell 1.46% to $18.22 and
• Marcus Corp. MCS, fell 0.64% to $15.50.Trading volume (11.3 M) remained 7.5 million below its 50-day average volume of 18.8 M.Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet
• See our market data terms of use.

Universal Health Services Inc. Cl B stock falls Tuesday, still outperforms market

• Shares of Universal Health Services Inc
• Cl B UHS, slid 1.13% to $124.82 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, falling 1.37% to 4,229.45 and Dow Jones Industrial Average DJIA, falling 1.29% to 33,002.38.Universal Health Services Inc
• Cl B closed $33.75 below its 52-week high ($158.57), which the company achieved on June 30th
• The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Select Medical Holdings Corp. SEM, fell 1.36% to $24.67, Community Health Systems Inc
• CYH, fell 0.68% to $2.90, and Pediatrix Medical Group Inc. MD, fell 0.86% to $12.70
• Trading volume (567,054) remained 52,226 below its 50-day average volume of 619,280
• Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet
• See our market data terms of use.