Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks IPOs and placings
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
US open: Stocks mixed as investors await more inflation data
(Sharecast News) - Shares on Wall Street were trading on a mixed note on Wednesday, as investors exercised caution ahead of key inflation figures and more Fedspeak over the coming days, not to mention the geopolitical backdrop. As of 1812 BST, the Dow Jones Industrials was drifting lower by 0.13% to 33,696.70, alongside a 0.09% dip on the S&P 500 to 4,355.82.
The Nasdaq Composite on the other hand was up by 0.21% at 13,590.76.
West Texas Intermediate crude oil futures were slipping, trading lower by 1.77% to $84.45 a barrel on NYMEX.
The spot dollar index was flat and the yield on benchmark 10-year U.S. Treasury notes off by six basis points to 4.61%.
Producer prices were reported at up by 0.5% month-on-month in September (consensus: 0.3%) and by 0.3% at the core level (consensus: 0.2%).
Ian Shepherdson noted how core services prices recorded an annualised increase of 4.8% over the third quarter, against 1.5% during the prior three-month stretch.
But the gain was driven by an "astonishing" 71% leap in trade services prices in annualised terms which he said could not be squared with the improvement in supply chains post-pandemic.
In company news, Exxon shares were 5% lower on the news that it has sealed a $64.5bn deal to buy Pioneer Natural Resources, marking the biggest acquisition of a company this year.
Tempest Therapeutics was the standout gainer, soaring by over 1,600% after publishing the results of its investigational treatment against liver cancer.
Looking ahead, the release of the consumer price index on Thursday would be closely watched and was expected to show that monthly inflation slowed to 0.3% from 0.6%, while the annual rate eased to 3.6% from 3.7%.
Investors were also keeping an eye out for Birkenstock's initial public offering with the shares expected to begin trading below their flotation price.
Dow Jones - Risers
Amgen Inc. (AMGN) $283.73 4.60% Nike Inc. (NKE) $98.43 0.83% Boeing Co. (BA) $195.07 0.80% Walgreens Boots Alliance, Inc. (WBA) $22.50 0.55% Microsoft Corp. (MSFT) $330.15 0.54% International Business Machines Corporation (CDI) (IBM) $142.54 0.31% Intel Corp. (INTC) $36.51 0.22% Walmart Inc. (WMT) $157.84 0.15% Apple Inc. (AAPL) $178.61 0.12% JP Morgan Chase & Co. (JPM) $145.71 0.04%
Dow Jones - Fallers
Chevron Corp. (CVX) $162.28 -2.56% Dow Chemical Co. (DOW) $50.58 -1.42% Coca-Cola Co. (KO) $53.26 -1.42% Procter & Gamble Co. (PG) $142.85 -1.33% Johnson & Johnson (JNJ) $156.82 -0.98% Caterpillar Inc. (CAT) $270.72 -0.91% Verizon Communications Inc. (VZ) $31.50 -0.83% Salesforce.Com Inc. (CRM) $205.24 -0.80% Cisco Systems Inc. (CSCO) $53.44 -0.79% Home Depot Inc. (HD) $297.01 -0.74%
S&P 500 - Risers
Amgen Inc. (AMGN) $283.73 4.60% Eli Lilly and Company (LLY) $603.40 4.16% Gap Inc. (GPS) $11.31 3.38% Adobe Systems Inc. (ADBE) $549.20 3.09% Seagate Technology Plc (STX) $68.59 3.02% NextEra Energy Inc. (NEE) $52.96 2.68% American Tower Corp (Reit) (AMT) $162.74 2.64% Stanley Black & Decker Inc. (SWK) $83.70 2.56% Nordstrom Inc. (JWN) $14.69 2.37% Helmerich & Payne Inc. (HP) $42.42 2.19%
S&P 500 - Fallers
DaVita Inc (DVA) $73.90 -19.04% Baxter International Inc. (BAX) $33.38 -10.55% Zimmer Biomet Holdings Inc (ZBH) $105.30 -6.14% Resmed Inc. (RMD) $141.57 -5.88% Stryker Corp. (SYK) $259.45 -5.46% Coty Inc. Class A (COTY) $9.82 -5.44% Intuitive Surgical Inc. (ISRG) $283.22 -4.91% Boston Scientific Corp. (BSX) $51.17 -4.90% Lamb Weston Holdings, Inc. (LW) $91.86 -4.67% Exxon Mobil Corp. (XOM) $105.63 -4.37%
Nasdaq 100 - Risers
Amgen Inc. (AMGN) $283.73 4.60% Adobe Systems Inc. (ADBE) $549.20 3.09% Seagate Technology Plc (STX) $68.59 3.02% NetEase Inc. Ads (NTES) $108.44 1.90% Wynn Resorts Ltd. (WYNN) $95.42 1.52% Alphabet Inc. Class A (GOOGL) $139.97 1.38% Alphabet Inc. Class C (GOOG) $141.05 1.33% Biogen Inc (BIIB) $267.52 1.28% Meta Platforms Inc. (META) $325.73 1.21% Nvidia Corp. (NVDA) $463.33 1.17%
Nasdaq 100 - Fallers
Intuitive Surgical Inc. (ISRG) $283.22 -4.91% Align Technology Inc. (ALGN) $278.03 -2.96% Hasbro Inc (HAS) $58.14 -2.38% Qurate Retail Inc. (QRTEA) $0.51 -2.34% DENTSPLY Sirona Inc. (XRAY) $31.81 -1.82% Hologic Inc. (HOLX) $69.53 -1.76% Dollar Tree Inc (DLTR) $106.22 -1.75% Dish Network Corp. (DISH) $5.06 -1.75% Monster Beverage Corp (MNST) $49.56 -1.66% QUALCOMM Inc. (QCOM) $110.47 -1.64%
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.