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U.S. stock indexes pull back modestly at Thursday's open, poised to snap 3-day string of gains

Tiger Newspress2021-12-09

U.S. stocks dipped on Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought.

The Dow Jones Industrial Average slid 148 points, or 0.4%. The S&P 500 and Nasdaq Composite each fell 0.3%.

Several travel-related stocks, which led the market higher throughout the week, were lower Thursday morning. Shares of Carnival fell 2%. Casino stocks Wynn Resorts and Las Vegas Sands fell 1%. United and Delta Air Lines were 1% lower too.

Separately, shares of Rent The Runway tumbled by 12% after reporting swelling losses and lower than pre-pandemic subscriber growth for its most recent quarter. Electric vehicle maker Lucid saw shares fall 4% after announcing a $1.75 billion offering of convertible senior notes.

Still, there were some positive morning moves as well. CVS gained 2% after it issued upbeat guidance ahead of its Investor Day. Home retailer RH soared about 10% after it reported blowout earnings and lifted the low end of its revenue outlook.

There are some notable earnings reports on Thursday, including from Oracle, Broadcom and Lululemon, all of which report after the market closes.

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评论23

  • drandy
    ·2021-12-10
    Will prices go further south on Fri Dec 10 when CPI numbers are given & next week when the Fed announces its plan for interest rates? 😬
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  • PearlynCSY
    ·2021-12-10
    Valuation no longer cheap after 2 years of bull run fueled by QE and zero interest rate. The printing of USD is now hampered by sky high inflation rate
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  • koolgal
    ·2021-12-10
    Just the usual market movements, nothing to be too concerned about. If it drops more, then it's a great time to bargainhunt. 🎊🎉🎊
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    • koolgal
      Thanks
      2021-12-10
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    • koolgal
      Thanks
      2021-12-10
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    • JG_7
      👍
      2021-12-10
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    查看更多 2 条评论
  • CCLEE
    ·2021-12-10
    Ok
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  • FlRE
    ·2021-12-10
    Droo more please so that we can buy more!
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  • BBBBBBBBBB
    ·2021-12-09
    Ok
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  • BKT
    ·2021-12-09
    Good
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  • WilliamFish
    ·2021-12-09
    O
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    收起
  • gky
    ·2021-12-09
    Like
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  • YSF1953
    ·2021-12-09
    Ok
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    收起
  • BlueDahlia
    ·2021-12-09
    Please like
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-12-10
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    • YSF1953
      Ok
      2021-12-09
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    • kaite
      ok
      2021-12-09
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  • Huathuat23
    ·2021-12-09
    Like pls
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-12-10
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  • E_meow_meow
    ·2021-12-09
    Ok
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    • Pennyboy
      Ok
      2021-12-09
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  • Phillipsan
    ·2021-12-09
    Omicron pls go away
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    • RBeaver
      Y
      2021-12-09
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  • HyunBin
    ·2021-12-09
    Like pls
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-12-10
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    • E_meow_meow
      ok
      2021-12-09
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    • 一初心一
      done
      2021-12-09
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    查看更多 1 条评论
  • HermanL
    ·2021-12-09
    Like
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    • HyunBin
      O
      2021-12-09
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  • alegnat
    ·2021-12-09
    [Cool] 
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  • CloudStrife
    ·2021-12-09
    Help like please [Shy] 
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-12-10
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    • AlexNg79
      Nice
      2021-12-09
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    • HermanL
      ok
      2021-12-09
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  • ivy888
    ·2021-12-09
    Like 
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  • Success88
    ·2021-12-09
    Expected 
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    • ivy888
      ok
      2021-12-09
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