Here are the most important news, trends and analysis that investors need to start their trading day:
1. Dow set to drop after hitting an intraday record
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2021.
Brendan McDermid | Reuters
2. Southwest, American report adjusted losses but better revenues
A Southwest Airlines Co. Boeing 737 passenger jet arrives at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021.
Luke Sharrett | Bloomberg | Getty Images
Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport.
Mike Stone | Reuters
American Airlines on Thursday reported a profit for the third quarter thanks to federal payroll support. Excluding one-time items, American posted a loss of 99 cents per share. Revenue for the quarter was also better than expectations. Shares of American — up nearly 24% in 2021 — gained 1% in the premarket.
3. Tesla beat on earnings, revenue; delivered lots more cars
A Tesla car charges at a Tesla Supercharger station on April 26, 2021 in Corte Madera, California.
Justin Sullivan | Getty Images
4. WeWork to go public in a SPAC deal at much lower valuation
General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World’s leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million U.S. dollars. (Photo by Jackal Pan/Visual China Group via Getty Images)
VCG | Getty Images
5. Trump announces social media platform launch plan, SPAC deal
Homepage and app announcement of “Truth Social”. Former US President Donald Trump wants to start an alternative social network. Apart from the announcement, however, there is not much to see yet.
Christoph Dernbach | picture alliance | Getty Images
— Reuters contributed to this report. Follow all the market action like a pro on CNBC Pro. Get the latest on the pandemic with CNBC’s coronavirus coverage.
Here are the most important news, trends and analysis that investors need to start their trading day:
1. Dow set to drop after hitting an intraday record
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2021.
Brendan McDermid | Reuters
2. Southwest, American report adjusted losses but better revenues
A Southwest Airlines Co. Boeing 737 passenger jet arrives at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021.
Luke Sharrett | Bloomberg | Getty Images
Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport.
Mike Stone | Reuters
American Airlines on Thursday reported a profit for the third quarter thanks to federal payroll support. Excluding one-time items, American posted a loss of 99 cents per share. Revenue for the quarter was also better than expectations. Shares of American — up nearly 24% in 2021 — gained 1% in the premarket.
3. Tesla beat on earnings, revenue; delivered lots more cars
A Tesla car charges at a Tesla Supercharger station on April 26, 2021 in Corte Madera, California.
Justin Sullivan | Getty Images
4. WeWork to go public in a SPAC deal at much lower valuation
General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World’s leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million U.S. dollars. (Photo by Jackal Pan/Visual China Group via Getty Images)
VCG | Getty Images
5. Trump announces social media platform launch plan, SPAC deal
Homepage and app announcement of “Truth Social”. Former US President Donald Trump wants to start an alternative social network. Apart from the announcement, however, there is not much to see yet.
Christoph Dernbach | picture alliance | Getty Images
— Reuters contributed to this report. Follow all the market action like a pro on CNBC Pro. Get the latest on the pandemic with CNBC’s coronavirus coverage.