What’s likely to move the market in the next trading session

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What’s likely to move the market in the next trading session

Traders work on the floor of the New York Stock Exchange on Sept. 18, 2024.

Stephanie Keith | Getty Images

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Here’s what CNBC TV’s producers were watching as stocks closed October on a sour note Thursday, and what’s on the radar for the next session.

Big oil

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  and Exxon Mobil report in the premarket Friday.
• CEOs from both companies are set to come on CNBC after reporting. Exxon Mobil’s Darren Woods is scheduled to be on the 7 a.m. ET hour. Chevron’s Mike Wirth will be on during the 9 a.m. ET hour.
• Chevron is down 6.8% since last reporting three months ago. The stock is 11% from the late April high.
• Exxon Mobil is down 1.5% in the past three months. It’s also down 7.5% since hitting a 52-week high three weeks ago. 

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CVX and XOM in past 3 months

October auto sales

• CNBC TV’s Phil LeBeau will have the numbers and stock reactions Friday morning.
• In the last month,
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  is up 13%. The stock is 6.5% from its 52-week high.
• Ford is down 2.5% in a month.  The stock is 31% from the July high.
• Stellantis is down nearly 3% the past month and 53% below a March high.
• Toyota is down 2.8% in the past month. It’s also 32% below its 52-week high.
• Honda is down 4.5% in the past month month and has fallen 20% from its 52-week high.
• Hyundai is down 7% in the past month.

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• The company did
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• One key headline is that
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  Web Services, the cloud side of the company, is growing quickly.
• Through Thursday’s close, shares are up 22.7% for the year.  

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AMZN year to date

Apple

• The tech giant surpassed earnings and revenue expectations for its
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• iPhone sales, the metric everyone wants to know about, rose 6% versus the same quarter a year ago.
• CEO Tim Cook told CNBC’s Steve Kovach that iPhone 15 sales were “stronger than the 14 in the year-ago quarter, and 16 was stronger than 15.”
• Still, the stock is down about 2% after hours.
• Apple is up 17% in 2024 through Thursday’s close.

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AAPL in 2024

Wayfair

• The online home good and furniture sales company is set to report before the bell Friday.
• The company was an investor favorite during the pandemic, hitting a high of rising to $369 a share in January 2021. It’s now at $42.83.
• The stock is down 23% over the past three months.

 Simon Property

• The shopping REIT reports before the bell.
• The stock is up 10% over the past three months.
• Simon Property is also 4.5% below its Oct. 18 high.
• The dividend yield as of Thursday is 4.85%. 

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SPG year to date

October sector and industry check

• Financials outperformed in October, rising 2.55%.
• Communication Services gained 1.8% for the month.
• Energy, with a 0.7% advanced, was the third best-performing sector in October.
• Health care, materials and consumer staples were at the bottom of October’s list. Health care shed 4.7%, while materials and real estate lost more than 3%.
• Airlines jumped 17% in October. ******* was the leader, up 37% in the month.
• Construction materials were up 10% in October. Martin Marietta and Vulcan both rose 10% for the month.
• Homebuilding was hit hard, down 9.6% in October. Consumer Durables fell 6.3%. 
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  fell 11.4%.    Mohawk Industries, a floor manufacturer, lost 16.4% in for the month.

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