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U.S. stock market early session | The three major Indexes all declined, with the Nasdaq down over 2%; Technology stocks plummeted, with AMD falling more than 5%; Blue-chip stocks surged against the trend! Pharmacy stock WBA rose over 25%.
On the evening of October 10 in Peking, US stocks opened lower on Friday. The surge in US bond yields put pressure on the stock indices, with the 30-year US bond yield rising to 5%. The non-farm payroll data for December significantly exceeded expectations, and the unemployment rate fell, leading investors to lower their expectations for a rate cut by the Federal Reserve.
Shares of Airline Stocks Are Trading Higher in Sympathy With Delta, Which Rose After Reporting Strong Q4 Financial Results.
The tourism industry has entered a period of prosperity, and Airlines are making huge profits! Delta Air Lines' performance and outlook have both exceeded expectations.
Delta Air Lines' continued strong profit expansion prospects also validate that the global tourism industry will still be in a boom period in 2025, and Airlines are expected to maintain the stock price performance that has risen since 2024.
U.S. Stock Outlook | Non-farm payroll data exceeded expectations, leading to a short-term plunge in the three major futures indices; high-performing stocks surged, with pharmacy stock WBA rising over 13% in pre-market, and Delta Air Lines climbing over 9%
NVIDIA slightly fell before the market opened, and AMD dropped over 2% before the market opened, as the USA plans to tighten the export of AI Chips from NVIDIA and AMD; several Federal Reserve voting members have spoken out, hinting at a pause in interest rate cuts; sources say that the USA Treasury is expected to release a statement detailing new sanctions on Russian oil later on Friday.
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Express News | United Airlines Shares up 7.3% Premarket
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Delta Air Lines Leads the Airline Sector After Issuing a Strong 2025 Earnings Forecast
Express News | American Airlines up 3.5%; United Airlines up 3.6%; Alaska Air Group up 2.6%
This week's U.S. stock market winners | The technology event CES ignited stock prices! Micron Technology rose over 10% during the week; is the pullback a buying opportunity? The second-hand car platform Carvana saw a rebound this week.
This week, the Dow Jones Industrial Average decreased by 0.23%, closing at 42,635.2 points; during the same period, the S&P 500 Index fell by 0.41%, closing at 5,918.25 points; the Nasdaq fell by 0.73%, closing at 19,478.88 points.
Delta Air Lines' Earnings Can Make or Break the Sector's Rally. 1 Metric Is Key. -- Barrons.com
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