S&P 500 ends near flat as more jobs data awaited; eyes on Middle East
ADP survey: US adds 143,000 private jobs in September
Tesla drops on downbeat Q3 vehicle deliveries
Nike falls after withdrawing annual revenue forecast
Indexes: Dow up 0.09%, S&P 500 up 0.01%, Nasdaq up 0.08%
Updates to 4:10 p.m. ET/2010 GMT
By Caroline Valetkevitch
NEW YORK, Oct 2 (Reuters) -The S&P 500 ended little changed on Wednesday,with technology shares gaining but investors nervous about Middle East tensions and more U.S. labor data due this week.
Nvidia NVDA.O shares rose 1.6%, helping to lift the S&P 500 technology index .SPLRCT. However, Tesla TSLA.O shares fell 3.5% after the electric carmaker reportedthird-quarter vehicle deliveries below estimates.
Investors monitored Mideast news after Israel and the U.S. vowed to strike back followingIran's attack on Israel on Tuesday. U.S. President Joe Biden said on Wednesday he would not support any Israeli strike on Iran's nuclear sites in response to its missile attack and urged Israel to act "proportionally."
Data released early on Wednesday showed U.S. private payrolls increased more than expected in September, further evidence that the labor market isnot deteriorating. Investors remained focused on September non-farm payrolls data due on Friday, while U.S. jobless claims data is due Thursday.
"We have the jobs report Friday, and then earnings season starts at the end of next week," said Michael O'Rourke, chief market strategist at JonesTrading in Stamford, Connecticut.
"We're near all-time highs, and we know we have a friendly Fed out there. Before they push stocks to another round of new highs, investors want to hear some positive commentary from companies. People like that the Fed is very dovish and they are just waiting for another reason to push prices higher."
The Dow Jones Industrial Average .DJI rose 39.55 points, or 0.09%, to 42,196.52. The S&P 500 .SPX gained 0.79 points, or 0.01%, at 5,709.54 and the Nasdaq Composite .IXIC edged up 14.76 points, or 0.08%, to 17,925.12.
The market ended September with strong gains after the Federal Reserve kicked off its monetary policy easing cycle with an unusual 50-basis-point rate cut to shore up the jobs market. The S&P 500 is up 19.7% for the year so far.
Odds of a quarter-percentage-point rate reduction at the Fed's November meeting are at 65.7%, up from 42.6% a week ago, the CME Group's FedWatch Tool showed.
JPMorgan Chase JPM.N and other big banks will kick off S&P 500 third-quarter earnings season on Oct. 11.
A strike by 45,000 dockworkers halting shipments at U.S. East Coast and Gulf Coast ports entered its second day on Wednesday with no negotiations scheduled between the two sides, sources told Reuters.
Thedockworkers' strike is costingthe economy roughly $5 billion per day, JPMorgan analysts estimated.
Among declining shares, NikeNKE.N dropped 6.8% afterthe athletic footwear and apparel maker withdrew its annual revenue forecast just as a new chief executive isset to take charge.
Shares of HumanaIncHUM.N fell 11.8% after the health insurersaid it expectedenrollment in its top-rated Medicare Advantage plans for those aged 65 and above to decrease for2025.
Declining issues outnumbered advancers on the NYSE by a 1.18-to-1 ratio; on Nasdaq, a 1.09-to-1 ratio favored decliners.
The S&P 500 posted 27 new 52-week highs and two new lows; the Nasdaq Composite recorded 80 new highs and 133 new lows.
Volume on U.S. exchanges was 11.81 billion shares, compared with the 12.05 billion average for the full session over the last 20 trading days.
Additional reporting by Johann M Cherian and Purvi Agarwal in Bengaluru; Editing by Pooja Desai and Richard Chang
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
