Market Volatility: Jobless Claims and Earnings Impact Dow Jones Futures and Stock Movers

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Source: Investor's Business Daily
Market Volatility: Jobless Claims and Earnings Impact Dow Jones Futures and Stock Movers
Photo: Investor's Business Daily
TL;DR Summary

Stocks were mixed ahead of jobless claims, with Dow Jones futures reversing higher after initial unemployment claims rose slightly. AI stock C3.ai plunged 10% despite posting a smaller-than-expected loss, as revenue growth missed expectations. Other earnings movers included Chewy, Ciena, Dollar General, GameStop, and Veeva Systems. Oil prices bounced modestly after a five-day losing streak. In the market rally, stocks to watch include Advanced Micro Devices, Amazon, Cloudflare, Eli Lilly, Boeing, UnitedHealth, and Visa. Among the "Magnificent Seven" stocks, Tesla and Nvidia climbed, while Apple and Microsoft traded mixed.

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