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Key Takeaways
- Major U.S. indexes were mixed at midday Thursday as markets digested fresh labor market data ahead of Friday's jobs report.Â
- 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.
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