Stocks edge lower, Tesla deliveries, Nvidia, UAW strikes, Coinbase
Stocks edge lower, Tesla deliveries, Nvidia, UAW strikes, Coinbase
Five things you need to know before the market opens on Monday October 2:
1. -- Stock Market Today: Stocks dip, Treasury yields rise on new shutdown risk
Stocks will struggle to shake-off the concerns that triggered a big third quarter decline, with Treasury yields back on the march following a temporary deal to avert a government shutdown in Washington.
2. -- Tesla deliveries in focus amid global price cuts, muted China demand
Tesla is slated to post its third quarter delivery figures prior to the opening bell.
3. -- Nvidia stock jumps as Goldman adds chipmaker to 'Conviction buy' list
Goldman, which boosted its price target on Nvidia to $605 per share in August, added the AI market leader to its flagship list of stock recommendations Monday.
4. -- UAW reaches tentative deal with Mack Trucks as Big 3 strikes enter third week
The UAW now has around 25,000 members on picket lines around the mid-west as its historic strike against against the Big 3 enters its third week.
5. -- Coinbase stock leaps after crypto exchange wins key license in Singapore
Coinbase, which continues to battle U.S. regulators, won a key endorsement from authorities in Asia's biggest cyrpto hub.
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