Episodes

Monday Oct 23, 2023
NewsWare’s Trade Talk: Monday, October 23
Monday Oct 23, 2023
Monday Oct 23, 2023
S&P Futures are [using lower this morning as the 10yr Treasury yield hit 5%. Earning and Geopolical issues remain market drives and the dysfunction is Washington DC remains a negative for the markets. This afternoon we have earnings reports due out from WHR, CLF, CCK LOGI & PKG. Chevron announced a deal to acquire Hess in a 53b deal. Roche agreed to buy Telavant Holdings from Roivant Sciences and Pfizer in a deal worth up to $7.25 billion. In Europe, stocks are moving lower with weakness in the autos, industrials and real estate sectors. Oil prices are slightly lower as a flurry of talks are being held in the Middle East aimed to prevents the Israel / Palestine conflict from expanding.
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