Bond sell off, Citi's S&P 500 warning, GM earnings
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It's another busy week this earnings season as General Motors (GM) posted a third quarter earnings beat this morning, with Tesla (TSLA) set to release its quarterly results on Wednesday. Takeaways: The 10-year Treasury yield touches 4.2% as the global bond market (^TYX, ^TNX, ^FVX) experiences a sell-off. US stock futures (ES=F, NQ=F, YM=F) move lower in Tuesday's pre-market trading after Citi warns about S&P 500 (^GSPC) equity exposures. American automaker General Motors (GM) topped third quarter earnings estimates, posting a 60% year-over-year increase in EV sales. Stay tuned to catch Yahoo Finance's interview with GM Chief Financial officer Paul Jacobson. 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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