a specialist trader works inside a booth on the floor of the new york stock exchange nyse in new york city october 6 2021 stock futures dipped slightly in overnight trading thursday after the sp 500 reached new highs futures on the dow jones industrial average shed 15 points sp 500 futures dipped 03 and nasdaq 100 futures fell 07 in thursdays regular session the sp 500 notched both a fresh intraday high and new record close the broad index rose 03 for its seventh consecutive positive session the nasdaq composite rose 06 while the dow shed 626 points or 002 investors digested a slew of corporate earnings reports tesla shares closed 3 higher thursday providing support to the sp 500 and nadaq composite companies are posting strong profits so far this thirdquarter reporting season despite supply chain and inflation headwinds out of 101 sp 500 members that have reported financial results 826 have topped earnings expectations according to factset as of thursday after the bell in a quarter where we thought things would slow down and there was concern about what profit margins were going to look like these companies are still doing well said victoria fernandez chief market strategist at crossmark global investments strong jobs data also added to the positive market sentiment initial jobless claims fell to a new pandemic low of 290000 last week the labor department reported thursday down 6000 from the previous week and lower than the 300000 expected from economists surveyed by dow jones all three major averages are on track to close the week higher for threestraight weeks of gains on the month all three indexes are up at least 5