Top Stock Movers Now: JetBlue, Tesla, Nio, and More

Key Takeaways

• Major U.S. indexes were mixed at midday Thursday as markets digested fresh labor market data ahead of Friday's jobs report. 
• JetBlue shares surged after the company raised its third-quarter revenue guidance.
• U.S.-traded shares of Nio climbed as the company cut its losses and set a record for deliveries.

Major U.S. indexes were mixed at midday Thursday as markets digested fresh labor market data ahead of Friday's jobs report. The Dow and S&P 500 were lower, while the Nasdaq was higher.

JetBlue Airways (JBLU) shares surged after the company raised its third-quarter revenue guidance.

Tesla (TSLA) shares also gained as the electric vehicle (EV) manufacturer announced it would launch its full self-driving feature in Europe and China early next year.

U.S.-traded shares of Chinese rival Nio (NIO) climbed as the company cut its losses and set a record for deliveries.

McKesson (MCK) shares dropped after the pharmaceutical and health information technology provider agreed to sell its Canada-based Rexall and Well.ca businesses to Canadian private equity firm Birch Hill Equity Partners.

Shares of Toro Company (TTC) tumbled after the maker of lawn mowers and snowblowers reported weaker-than-expected results and guidance as homeowners and businesses pulled back on purchases.

Old Dominion Freight Line (ODFL) shares slid after the transportation company reported a decline in less-than-truckload shipments in August.

Oil and gold futures rose. The yield on the 10-year Treasury note was little changed. The U.S. dollar was up on the euro and yen, but lost ground to the pound. Prices for most major cryptocurrencies were lower.

Read the original article on Investopedia.

Source link