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Stock Market Today: XOM, OXY Strength & WMT, PG Weakness

Dow Jones today finished in the red along with the Nasdaq-100, Russell 2000, and S&P 500 Index or SPX. Markets closed lower for the second straight day. Some energy commodities that influence inflation like crude oil and gasoline were higher. Stocks that showed strength included Meta Platforms (META), Exxon Mobil (XOM), and Occidental Petroleum (OXY). On the other hand, stocks that showed weakness included Walmart (WMT), Procter & Gamble (PG), Simon Property Group (SPG), Duke Energy (DUK), and Southern Co. (SO). Next, Scott Connor weighs in on Constellation Brands (STZ) cutting their fiscal year 2023 earnings forecast. Also, Costco (COST) saw September sales rise 10.1%. Finally, Connor discusses economic data like Jobless Claims.

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06 Oct 2022

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