00:00All right, futures under pressure here today ahead of Friday's open.
00:10S&P futures down 0.95%, Dow futures down 0.62%, and the NASDAQ futures down 1.4%.
00:18Let's take a look at some cues from last session.
00:22Sectors recording the biggest losses on Thursday included consumer discretionary,
00:26information technology, and communication services as most S&P 500 segments close negative.
00:32Energy stocks, however, bucked the overall market trend to close higher.
00:38Excuse me.
00:40Let's go back up to the top of this real quick.
00:43This came despite the government reopening, and I just want to pause here.
00:47Big time shout out for our morning crew and our afternoon crew for really kind of sniffing out
00:52that the actual reopening likely to be the sell-the-news event, you got that yesterday,
00:57and you got some more continuation today.
00:59Hats off to you.
01:00Pat on the back.
01:01That was a good trade.
01:03This came despite the government reopening as the Trump administration stated that two of the most
01:07vital inputs for the Federal Reserve would not be released.
01:10White House Press Secretary Carolyn Levitt said, quote,
01:13Meanwhile, despite November being the best-performing month for the NASDAQ 100,
01:27the index was down 3.34% month to date.
01:31Since 1985, the index has averaged gains of 2.64, closing higher 70% of the time.
01:37Remember, we also did not see the seasonality that we traditionally see in September and October.
01:41Perhaps November is on that same track.
01:44The 10-year Treasury bond yielded 4.13%, and the two-year bond was at 3.58%.
01:49We do have some stocks in focus here today.
01:52The first one is going to be Warner Brothers Discovery, ticker WBD.
01:56That rose 3.34% as Comcast, ticker CMCSA, and Netflix, ticker NFLX,
02:02and Paramount prepare bids for Warner Brothers Discovery acquisition.
02:06You'll have to let me know if anyone is actually trading this and holding this for the buyout.
02:09The second stock on our list here is New Holdings.
02:13This is ticker NU.
02:15That gained 2.98% after reporting better-than-expected earnings
02:20and adding 4.3 million new customers during the third quarter across Brazil, Mexico, and Colombia.
02:26Globant, ticker GLOB, fell 3.31% after reporting downbeat earnings for the third quarter.
02:35Its earnings of 153 per share missed analyst consensus estimates of 154 per share,
02:41but sales of 617.14 million beat the estimate of 615 million.
02:48Applied materials, ticker AMAT, that declined 4.82% despite better-than-expected fourth-quarter
02:55financial results for fiscal 2025 as its China revenue tumbled as part of its total sales.
03:01The last stock on our list here is Fluent.
03:04This is ticker FLNT, and it dropped 6.93% after it reported worse-than-expected third-quarter
03:11financial results.
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