Previous Close | 100.50 |
Open | 100.25 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 300.00 |
Expire Date | 2026-12-18 |
Day's Range | 100.25 - 100.50 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
On today's episode of Asking for a Trend, Host Josh Lipton breaks down some of the biggest stories and themes of the trading day. Tesla's (TSLA) highly anticipated robotaxi event is on Thursday, and Barron's associate editor Al Root points to five things investors are expecting from the highly anticipated event. First, there will be a physical unveiling of the robotaxi. Second, investors want to hear about safety data. Next, Tesla will likely touch on its business model, discussing everything from licensing to the size of its robotaxi fleet. The fourth point investors will be looking for is a launch date. Finally, Tesla could announce something extra. Root explains, "A lot of people think we'll see the lower price so-called Model 2 that's due in early 2025, maybe that will make an appearance. And maybe an update about the robot called Optimist." Stocks (^DJI, ^IXIC, ^GSPC) closed lower on Monday, retreating from Friday's gains that were fueled by September's better-than-expected jobs figures. Yahoo Finance senior markets reporter Josh Schafer analyzes the day's key market trends, focusing on the rise in 10-year Treasury yields (^TNX) and the noticeable slowdown in interest rate-sensitive stocks. The US dockworkers port strikes have temporarily paused, allowing for continued negotiations. University of Richmond's Robins School of Business professor Shital Thekdi notes that the core of the port strike dialogue centers on "efficiencies and the use of automation in ways that can replace workers." However, she emphasizes that other critical considerations are at play, including extreme events, "atypical working conditions," and "generally unsafe working conditions." "The potential is that AI and technology can actually help improve health and safety of workers, which is incredibly important," Thekdi tells Yahoo Finance. Is good economic news finally translating into good news for equities? Yahoo Finance anchor Julie Hyman breaks down Citi's Economic Surprise Index and how positive data — in the form of inflation readings and labor market figures — could be pulling stocks higher along with it. This post was written by Melanie Riehl
Shares of Trump Media & Technology Group surged double digits on Monday after Elon Musk made a surprise appearance at Donald Trump's rally in Butler, Pa., over the weekend.
Stock futures (ES=F, NQ=F, YM=F) are sliding Monday morning following Friday's market rally fueled by the September jobs report, while Treasury yields (^TYX, ^TNX, ^FVX) inch higher. Oil prices (CL=F, BZ=F) rise as tensions in the Middle East escalate. Today marks the one-year anniversary of Hamas' attack on Israel on October 7, 2023. Tesla (TSLA) CEO Elon Musk will unveil details about the EV maker's robotaxi plans at an event on Thursday, October 10. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.