Stock futures, Hurricane Milton, PepsiCo earnings
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Geopolitical tensions continue to escalate in the Middle East, driving oil prices (CL=F, BZ=F) higher as investors consider the potential for supply disruptions. Stock futures (ES=F, NQ=F, YM=F) and Treasury yields (^TYX, ^TNX, ^FVX) move higher Tuesday morning as markets look to Thursday's Consumer Price Index (CPI) reading. Hurricane Milton — which has been raised to a Category 5 storm — nears its landfall with Florida as residents prepare for the storm; insurance stocks have fallen while shares of generator manufacturer Generac (GNRC) have soared this week so far. Lastly, soft drink and snack giant PepsiCo (PEP) released mixed third quarter earnings results and revised its North American sales outlook for 2024. Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions. Find this and other episodes of Morning Brief here. Thoughts? Questions? Fan mail? Email us at [email protected]. Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices
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