Stocks extend slump, Meta turns lower, Ford labor pact, UPS earnings mixed, Amazon on deck - 5 Things To Know

^{Five things you need to know before the market opens on Thursday October 26:}

1. -- Stock Market Today: Stocks extend slide on Treasury yield surge, tech slump

Muted tech outlooks, surging Treasury yields and intensifying fighting in the middle east has stocks looking at another lower open Thursday.

2. -- Facebook owner Meta slumps as ad sales, spending outlook cloud impressive earnings beat

A cautious outlook for ad sales, and big 2024 spending plans is muting market reaction to an impressive third quarter earnings report from Facebook owner Meta Platforms.

3. -- Ford stock gains on tentative UAW labor pact with Q3 earnings in focus

Ford looks set to be the first of the so-called Big Three carmakers to reach a labor agreement with striking UAW workers, with the tentative deal coming just hours ahead of its third quarter earnings.

4. -- UPS slumps after cutting full-year sales outlook following labor hit to Q3 earnings

UPS, which ended its long-running dispute with the Teamsters union in August, lowered its full-year sales outlook following a mixed third quarter earnings report.

5. -- Amazon earnings on deck with AI, web services, FTC monopoly challenge in focus

Growth in Amazon's profit-driving web services division will likely be the focus of the tech and online retail giant's third quarter earnings after the close of trading Thursday.