Dow Stock Rises 2.9% After Q3 Earnings Beat
Dow (DOW) forecast Q4 core profit of $1.54B versus $1.38B expected, with its 4,500 job cuts 70% done
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Daily Digest
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Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next
Dow (DOW) forecast Q4 core profit of $1.54B versus $1.38B expected, with its 4,500 job cuts 70% done
Spotify (SPOT) hit 306 million paying subscribers and widened margins, though EPS missed forecasts.

Bitcoin (BTC) failed at $85,000 and erased its Wednesday gain as Brent oil topped $111 and tech shares fell.

Claims beat the 200,000 forecast and hit a three-month low, pointing to a low-hire, low-fire labor market.

Southwest (LUV) expects fuel at $4.55 a gallon in Q4, as Delta and United also lowered their 2026 outlooks.
Brent crude (BZ=F) hit $112 a barrel, the highest since May, as Houthi attacks widen across the Gulf.
Intel (INTC) and Marvell fell over 5% premarket as Tesla and Meta earnings left AI spending doubts.
Tokyo Electron (8035.T) fell 6.5% and SoftBank Group (9984.T) 6.9% as investors doubted AI spending in 2027.
American Airlines (AAL) reports Q3 results with a $0.36 loss expected on $16.2B sales as jet fuel costs bite

Shanghai Composite (000001.SS) extends a 10-week losing streak as Hong Kong's Hang Seng (HSI) sinks 3%.
Gold (XAU/USD) slid 1.2% while silver dropped nearly 3% to about $56, as Fed hike bets kept yields high.

Brent crude (BZ=F) topped $111 while Nasdaq futures fell 1.7%, after a report of US-Israel plans for Iran.

Nestlé (NESN:SIX) sales volumes rose 2.8%, beating the 1.5% expected, as it kept its 3%–4% full-year target.

The 10-year Treasury (US10Y) is near 5.1% as traders price a December Fed hike after an October pause

All eight capitals fell for the first time in 15 years, and RBA hike bets for 3 November topped 50%.
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