5 things to know before the stock market opens Wednesday
Publishing timestamp: 2023-10-11 07:05:01
Summary
Stock markets rallied for three days in a row despite concerns over the Israel-Hamas war. Bonds fell as yields reacted to the geopolitical strife. Pepsico's profit outlook boosted its stock. Israeli troops are gathering at the border with Gaza Strip, potentially preparing for an invasion. Birkenstock is set to begin trading on the NYSE. Exxon Mobil has agreed to buy Pioneer Natural Resources in a $60 billion all-stock deal. The successor to Rep. Kevin McCarthy as speaker of the House is uncertain.
Sentiment: MIXED
Tickers: PEP, UNDEFINED, XOM, PXD,
Keywords: exxon mobil corp, kenvue inc, economy, business news, markets, oddity tech ltd, business, pioneer natural resources co, pepsico inc., instacart (maplebear inc), investment strategy,