OPEC oil deal report boosts stocks

Crude’s reality is improving as an OPEC deal is reportedly here, and stocks bounce higher on the move. Is this the start of oil’s move past $50 and beyond? Catch The Final Round with Jen Rogers and Yahoo Finance editor-in-chief Andy Serwer.

Winners and losers

Stocks on the move lower include Nike after future orders were up less than expected; National Beverage as the LaCroix seltzer maker is under attack by short-seller Glaucus Research, citing accounting practices; and Tempur Sealy, which is a nightmare for investors with shares tumbling as the mattress maker cut its 2016 outlook, citing poor current quarter sales. Have we reached peak for mattress stores?

Stocks in the green today include Dillard’s as Credit Suisse upgraded shares of the department store operator to outperform; Harmonic as Comcast struck a warrant agreement to buy shares in the video infrastructure provider; and Blackberry, with shares popping after the company reported earnings that topped estimates. Also, the once favored handset maker for middle-management types everywhere announced it will stop making its own phones.

Euro end near?

It’s been three months since the Brexit vote in Britain (and the subsequent stock sell-off here). While the markets stabilized over the summer, questions continue over the health of the European Union and its single currency: the euro. Markus Brunnermeier, co-author of a new book “The Euro and the Battle of Ideas” joined The Final Round to discuss.

Looking ahead

• At 8:30 a.m. ET, we’ll get a third and final estimate for second-quarter GDP. Economists are expecting a 1.3% gain quarter over quarter.

• Also in the morning, jobless claims for the week. The Street’s expecting around 260,000 initial claims.

• Finally, we’ll get some big earnings reports with food and beverage giant PepsiCo, warehouse club Costco and packaged foods maker Con-Agra.