Stock futures little changed after Dow closes at another record high: Live Update

Stock futures little changed after Dow closes at another record high: Live Update

NEW YORK, NEW YORK – OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City.

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US stock futures were mixed for the first time on Thursday Dow Jones Industrial Average It closed on record for the second time this week.

Dow futures Lost 14 points, or 0.03%. The future is bound S&P 500 And Nasdaq 100 futures rose about 0.1% and 0.35% respectively.

Aluminum producer Alcoa It jumped nearly 6% in extended trading after posting adjusted earnings that topped expectations. Transportation stock CSX Disappointing results are down about 4%.

During regular trading on Wednesday, the blue-chip Dow advanced 0.79%. D S&P 500 Up 0.47%, while tech-heavy Nasdaq Composite Added 0.28%.

Companies reported earnings results for the week, particularly financials, in a “Goldilocks-type atmosphere, with resilient growth, easing inflationary pressures”. [and] Normalization of the economy,” Adam Crisfulli, founder of Vital Knowledge, said Wednesday on CNBC's “Closing Bell: Overtime.”

“That, more than anything, has really helped put a bid on the bottom of the market. It's helped catalyze a lot of these cyclical price groups, and we've seen technology pull back a little bit over the last couple of days because of that,” he said.

Indeed, the financial sector rose 1.2% on Wednesday, seeing a boost from Morgan Stanley. The bank rose 6.5% after third-quarter profit and revenue topped estimates.

Corporate income is set to continue with insurance companies the travelerAlternative asset managers Blackstone and health insurers Height is health Scheduled to report Thursday morning. Regional Bank KeyCorp, M&T Bank And Tryst Financial Also on deck.

On the economic front, traders will be looking ahead to weekly jobless claims and September retail sales on Thursday. Also contains information on industrial and manufacturing production.

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