Stock Market Update

09-Dec-24 15:30 ET
Oracle report looms after the close
Dow -195.22 at 44447.30, Nasdaq -146.20 at 19713.11, S&P -38.31 at 6051.96

[BRIEFING.COM] Today's downward drift persists heading into the final 30 minutes of trading. There hasn't been a lot of trading excitement in today's session, but that could soon change in the after-hours session when Oracle (ORCL 189.34, -2.35, -1.2%) and Toll Brothers (TOL 155.01, +0.91, +0.6%) report their results.

Oracle's report and outlook will be the focal point given its influence on the information technology sector (-0.6%) and the AI trade. The report from luxury homebuilder Toll Brothers won't be overlooked completely, though, since it will offer some color on homebuyer demand among more affluent buyers.

Those earnings results will be followed by an earnings report from AutoZone (AZO 3329.00, +19.56, +0.6%) and the revised Q3 Productivity report before Tuesday's open, and then the $58 billion 3-yr note auction at 1:00 p.m. ET.

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