Stocks come under pressure, as the Club's beer holding reports

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. 1. Equities under pressure U.S. stocks were lower in midmorning trading Thursday following Wednesday's bounce, with the S & P 500 down 0.67% and the Nasdaq Composite down more than 1%. Bond yields were mainly steady, with that of the 10-year Treasury hovering above 4.7%.

Still, Constellation stock fell more than 2% Thursday morning, to around $243.58 apiece. Stay tuned for a full analysis of the results and the post-earnings conference call later Thursday. 3. Costco's monthly sales Club name Costco Wholesale reported solid sales for September late Wednesday. Core comparable sales, excluding gasoline and foreign exchange, rose 3.7% companywide year-over-year and 2.7% in the U.S. Store traffic continued to grow, up 4.9% worldwide and 4.5% in the U.S.

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