U.S. stocks were mixed on Thursday as investors remained cautious ahead of the jobs report on Friday and next Tuesday's presidential election. The S&P 500 could narrowly snap a seven-day losing streak, its longest in five years. Services activity in the U.S. weakened in October, though remained in expansionary territory for its 81st straight month. New orders and business activity both softened, according to the non-manufacturing ISM index. Chesapeake Energy (CHK) rallied after reporting surprise quarterly adjusted profit, its first in the green in six quarters. Lower costs helped to offset a 32% slump in revenue. Mobile-game developer Zynga (ZNGA) reported a surprise loss over its third quarter as average monthly active users declined. Fourth-quarter revenue guidance also fell short of estimates.
More from Video
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.