Traders work on the floor of the New York Stock Exchange (NYSE) on October 22, 2024 in New York City.
Spencer Pratt | Getty Images
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As the Dow 30 and S&P 500 record a third straight day of declines, CNBC TV producers take a look at what they’re watching and what they’re eyeing next.
airline
After giving two big interviews in two days about the Boeing strike, CNBC’s Phil LeBeau turned his attention to two major airlines. He is scheduled to interview American Airlines CEO Robert Isom and Southwest Airlines CEO Robert Jordan at 7 a.m. Eastern time, and at 9 a.m., American Airlines will It rose by 22%. The news agency reported on Thursday morning. American Airlines is down 20% from its March high, Southwest Airlines also reported Thursday morning. The stock price has increased 13% in three months. Southwest Airlines is up 12.6% from its February high, and United Airlines has been the group leader over the past three months. The stock price rose 52% during this period. Stocks hit an all-time high on Monday. Stock chart iconStock chart icon
American Airlines in the last 3 months
utility
Utilities is the only sector in the S&P 500 that has risen so far this week, rising 0.26%. It rose 17% in three months. Four power companies hit new highs Wednesday, including Dominion Energy, DTE Energy, Consolidated Edison and Entergy, with Entergy currently at an all-time high. The stock is up 5.3% in one month and 24% in three months, and Consolidated Edison also hit a new all-time high on Wednesday. The stock rose 3% in October and is up 15% in three months, putting DTE at a 25-month high. Shares are up about 3% in one month and 12% in three months, putting Dominion Energy at a 20-month high. The stock rose 5.4% in October and is up 20% in three months.
Honeywell reports before the bell
In a week packed with reports from major industries, Honeywell is next on the list. The company reported before the bell on Thursday, with shares up 1.4% since the last report three months ago and hitting Monday’s high. The stock is up 6.6% so far in October, and the S&P Industrials sector is up 39% over the past year, with the top performer being Howmett Aerospace, up 136% over the past year. GE Aerospace followed with a 113% increase. Axon is up 110% in the last year. Paycom, Boeing, and UPS were the industry’s worst performers last year. Paycom is down 36% over the past year, and UPS is down 11%. Boeing is down 13% in a year. Stock chart iconStock chart icon
Honeywell in 2024
CBRE Group Reports Before the Bell
The real estate investment trust reports Thursday morning. The stock has risen 24% over the past three months, hitting a high on Monday. Many office REITs had a strong three months. Vornado is up 46% in three months. BXP is up nearly 26% in three months, while SL Green is up 20%. Brandywine is up about 12% over the same period, and the S&P real estate sector is up 8.5% over the three-month period. It is down 2% from its mid-September high.
Multiple local banks release reports on Thursday
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Valley National Bancorp in the last 3 months
Weyerhaeuser reports after the bell.
The company, which specializes in wood products, is up 5% in the past three months. Weyerhaeuser is up 12% from its March high. There are two ETFs in this space with nifty symbols. CUT is the Invesco MSCI Global Timber ETF, which was flat for the first time in three months. This is 4.6% from September’s high. WOOD is the iShares Global Timer & Forestry ETF. This is also flat in 3 months. The ETF is up 7% from its September high.
Microsoft’s AI Copilot
CNBC TV’s Steve Kovach is tracking Microsoft’s AI Copilot product Thursday, nearly a year after its release. Microsoft closed Wednesday’s trading at $424.60 per share. It has risen 9.3% from July’s peak. The stock price has increased about 13% so far in 2024.
Jensen Huang of Nvidia in India
CNBC TV’s Seema Modi watches NVIDIA CEO Jensen Huang’s visit to India, a growing technology hotspot. NVIDIA is up 3.4% from Tuesday’s high. The stock is up about 15% so far in October and is on track to rise 181% in 2024.
Palantir’s Alex Karp
The defense technology company’s CEO will appear with CNBC’s Morgan Brennan and John Fort starting at 4 p.m. Palantir is up 14.5% in October. The stock is down 4% from its October 14 high. Palantir has almost doubled in the last six months in October. Shares closed Wednesday at $42.59, with shares up 1% in the after-hours.
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