Stock futures moves, Middle East, Tesla robotaxi
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Pfizer (PFE) shares are higher this morning following a Wall Street Journal report that activist investment firm Starboard Value has taken a $1 billion stake in the pharmaceutical company. Starboard has reportedly approached two former executives to help with their efforts. 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. 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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