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US Equities Markets End Mixed Tuesday Ahead of Alphabet Earnings
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US Equities Markets End Mixed Tuesday Ahead of Alphabet Earnings
Nov 3, 2024 2:17 PM

04:05 PM EDT, 10/29/2024 (MT Newswires) -- US benchmark equity indexes ended mixed Tuesday as traders weighed the latest batch of corporate earnings and awaited Alphabet's (GOOG, GOOGL) results.

* US job openings fell to 7.44 million in September from 7.86 million the previous month, the Bureau of Labor Statistics said. The consensus was for an 8 million print in a survey compiled by Bloomberg.

* US consumer confidence rose to 108.7 this month from 99.2 in September, the Conference Board said. The consensus was for a 99.5 reading in a Bloomberg poll.

"Consumer confidence recorded the strongest monthly gain since March 2021, but still did not break free of the narrow range that has prevailed over the past two years," Conference Board Chief Economist Dana Peterson said.

* December West Texas Intermediate crude oil closed down $0.12 to settle at $67.26 per barrel, while December Brent crude, the global benchmark, was last seen down $0.24 to $71.18 as the World Bank said it expects a supply glut to begin suppressing prices next year.

* Cadence Design Systems ( CDNS ) shares were up nearly 13%. Late Monday, the company tightened its full-year outlook, raising the lower end of the range on earnings and revenue after a better-than-expected Q3.

* PayPal ( PYPL ) was down 4%, after the digital payments company's Q3 revenue grew less than expected, while earnings growth outpaced analysts' views. The company improved its full-year bottom-line expectations.

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