📊 Strong earnings and cheaper oil steadied the market. The Dow jumped 1.02% to 52,495.88, the S&P 500 added 0.29%, the Nasdaq slipped 0.02% and Canada’s S&P/TSX Composite climbed 0.50%. WTI fell 1.8% to settle at $101.79 and Brent declined 0.7% to $108.79. 🔧 3M ($MMM) popped 5.78% to $171.37 after posting adjusted earnings of $2.50 per share against the $2.38 LSEG estimate and raising full year guidance. It was the Dow’s biggest boost. 📊 Equifax ($EFX) leapt almost 12% on third quarter adjusted earnings of $2.26 per share, beating the $2.20 FactSet consensus. Revenue of $1.69 billion landed in line, though the credit bureau trimmed its 2026 revenue guidance. ✈️ GE Aerospace ($GE) fell 3.67% to $299.87 despite beating on both lines and hiking full year guidance. Adjusted earnings of $2.25 per share topped the $2.01 estimate, but free cash flow of $2.04 billion came in under the $2.2 billion expected. ☁️ CoreWeave ($CRWV) gained more than 1% even as its credit stress deepened. The spread on its five-year credit default swap topped 1,121, up more than 17% over the past week, and anything above 1,000 is generally read as distress. 🏠 Housing starts tumbled 5.2% in September to an annualized 1.22 million, well under the 1.3 million consensus. Single-family starts fell 4.6% to 859,000, though building permits came in slightly ahead of expectations at 1.4 million. 👨🏻💻 Researched and written daily by @timemino
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2 Comments
Dairyck
@filthykitty · 2hEdited
It’s been more than a week since they’ve mentioned anything about the TSX or even any canadien news.
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