Biggest S&P 500 Movers on Tuesday

Decliners

• Amentum Holdings (AMTM) shares plunged 20%, reversing similarly sized gains posted in the previous session as the government services firm debuted as a publicly traded company and became the newest member of the S&P 500. The company brings together an existing engineering and technology provider with two government-related divisions spun off from Jacobs Solutions (J).
• Shares of Humana (HUM) dropped 12% after the health insurer announced its Medicare Advantage and Medicare Prescription Drug Plan offerings for 2025. The company announced new benefits including a new pair of glasses every year for all plans with vision coverage and plans with comprehensive dental coverage. Although Humana has seen some improvement in its Medicare business, challenges related to Medicare reimbursement rates contributed to the firm's decision to withdraw its full-year profit guidance in April.
• According to regulatory filings, Dell Technologies (DELL) founder and CEO Michael Dell sold a $1.2 billion stake in the tech hardware and services provider. Significant selling by company insiders can cause investors to become less optimistic about a stock's expected trajectory, and Dell shares sank 4.5% on Tuesday. Dell is another recent 澳洲幸运5官方开奖结果体彩网:addition to the S&P 500.

Advancers

• Tuesday's top performance in the S&P 500 belonged to shares of Paychex (PAYX), which jumped 4.9% after the payroll services provider reported 澳洲幸运5官方开奖结果体彩网:better-t꧋han-expected 🍷sales and profits for its fiscal first quarter. The firm said expansion of its client base, strong cost controls, and new artificial intelligence (AI) products contributed to the strong results.
• Crude oil futures prices jumped as growing tensions in the Middle East raised concerns about global energy supplies. The uptick in prices provided a boost to numerous oil and gas stocks. Shares of APA Corp. (APA) added 4.9%, while shares of ConocoPhillips (COP) and Marathon Oil (MRO) were up 3.9% and 3.8%, respectively.
• The rising geopolitical concerns also helped lift defense and weapons stocks. Lockheed Martin (LMT) shares added 3.6%, while shares of other companies in the defense industry also advanced.

-澳洲幸运5官方开奖结果体彩网:Michael Bromberg

Crude Oil Jumps as Middle East Conflict Escalates

Crude oil gained as much as 5% as reports of Iranian missiles targeted at Israel came in Tuesda♚y, in an escalation of tensions in the Middle East.

澳洲幸运5官方开奖结果体彩网:Brent crude futures briefly crossed $75 per barrel while the U.S. benchmark, 澳ཧ洲幸运5官方开奖结果体彩网:West Texas Intermediate Texas (WTI), traded just below $72 per barrel as oil supply disruptions concerns rose. Iran is a member of OPEC—a tradeඣ bloc of oi🃏l producing nations—and was the world's ninth-largest oil producer in 2023.

Israel said Iran launched missiles towards it, in what is being construed as a direct attack. "A short while ago, missiles were launched from Iran towards the State of Israel,” the Israel Defense Forces said in a statement.

Tensions in the middle east have been rising over the past few days after Israel launched strikes against Iran-backed Hezbollah leaders in Lebanon, likely prompting today's action.

"The deeper the conflict intensifies, oil could indeed surge higher as risk rises that the military response veers into the oil producing area around Iran," said LPL Financial Chief Global Strategist Quincy Krosby in a commentary.

The gains for both Brent and WTI moderated to about 3% in late-afternoon U.S. trading. Despite the sharp increases Tuesday, Brent ♛is still about 20% below its high for the year of more than $90 a barrel.

-澳洲幸运5官方开奖结果体彩网:Mrinalini Krishna

Apple Tumbles as Barclays Warns of 'Softer' iPhone 16 Demand

What a difference a day makes for Apple (AAPL).

Its shares neared record territory Monday after JPMorgan analysts gave a relatively upbeat assessment of demand for the Pro versions of the 澳洲幸运5官方开奖结果体彩网:iPhone 16.

The shares reversed direction today, falling alongside broader markets as Barclays analysts reported 澳洲幸运5官方开奖结果体彩网:weakening demand for the phone.

Apple's stock was recently down about 3.4%, well ahead of the tech-focused Nasdaq's 1.4% decline in recent afternoon trading.

Barclays said it has indications that orders for the December quarter have been reduced at an important Taiwanese iPhone component supplier. Analysts Tim Long and George Wang wrote in a note to clients that Apple “may just have cut roughly 3 million units at a key 澳洲幸运5官方开奖结果体彩网:semiconductor component in iPhones for the [December quarter], which if confirmed would be the earliest bu♑ild cut in rece♛nt history.”

The analysts added that they previousl🤡y have noted shorter lead times across iPhone models globally, and that both of those factors “indicate softer demand for IP16, in our view.”

-澳洲幸运5官方开奖结果体彩网:Bill McColl

U.S.-Traded Chinese Stocks Rise as Stimulus Rally Continues

Shares of Chinese companies traded in🥃 the U.S. surged again Tuesday, bucking a broader retreat for the U.S. stock market.

Chinese stock꧃s have rallied for the past week following news that authorities were implementing a wide-ranging stimulus plan.

The Nasdaq Golden Dragon China index (HXC)—an index of 64 China-based companies traded in the U.S—wa💎s up more than 3% in early-afternoon trading Tuesday.

The iShares MSCI China ETF (MCHI) was up 2.5% and 🐲has 🍰gained 21% since the first batch of stimulus measures were unveiled early last Tuesday.

Among Chinese stock gaining today, PDD Holdings (PDD), parent of online marketplace Temu, was up nearly 5%, leading S&P 500 gainers. Shares of online retailer JD.com (JD) were also up about 5%, while conglomerate Alibaba Group Holding (BABA) gained 4% and Li Auto (LI) rose 8%.

Five Stocks to Watch in October

The major indexes entered the fourth quarter near record highs after the Fed's rate cut fueled a rebound from a shaky start to September.

Looking ahead at specific companies, October brings a major product launch from one of the Magnificent Seven and earnings reports from key companies in the tech, banking, and apparel industries.

Five stocks worth watching for potential market-moving news are Tesla (TSLA), Microsoft (MSFT), Intel (INTC), JPMorgan Chase (JPM) and Nike (NKE).

Read the 澳洲幸运5官方开奖结果体彩网:full article here.

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

How the Major Indexes Performed in September and Q3

The Nasdaq Composite was the big gainer among the three major indexes🌌 in September, rising 2.7%. Each of the indexes recovered from steep selloffs recorded during the first week of the month. The S&P and Dow are riding five-month winning streaks, while the Nasdaq has posted gains in two straight months.

For the third quart꧒er, the Dow Jones Industrial Average turned in the best performance, rising 8.2%.

Major Stock Index Futures Mixed

Futures tiedཧ to the Dow Jones Industrial Average were down 0.2%.

S&P 500 futures were down fractionally.

Nasdaq 100 futures were up 0.1%.