5 things to know before the stock market opens Wednesday
Publishing timestamp: 2023-10-04 07:20:01
Summary
The stock market is being affected by interest rates, with all three major indices falling. The situation in Washington is uncertain after Kevin McCarthy was removed from speaker's office. Intel plans to spin off its programmable chip business. General Motors' sales have increased, despite ongoing UAW strikes. Mortgage demand has slumped to its lowest point since the 1990s due to higher rates.
Sentiment: MIXED
Tickers: STLA, STLAM-IT, GM, F, INTC,
Keywords: economy, ford motor co, stellantis nv, intel corp, business news, general motors co, business, investment strategy, markets,