PepsiCo (PEP) reported third quarter financial results. The food and beverage giant has lowered its full-year earnings forecast, citing growing concerns about consumers’ health due to a decline in demand. Treasury yields have become a top concern for investors as markets grapple with the possibility that the U.S. Federal Reserve will slow its rate-cutting cycle. The 10-year US Treasury yield (^TNX) has remained above 4% as crude oil prices (CL=F, BZ=F) soared due to concerns over geopolitical tensions in the Middle East and then declined. There is. Chinese retail stocks, particularly Alibaba (BABA), PDD Holdings (PDD), and Jingtocom (JD), have fallen as confidence in officials enforcing the economic stimulus wavers. Chipmaker stocks are also in the spotlight as Super Micro Computers (SMCI) and Nvidia (NVDA) are included in Yahoo Finance’s trend ticker and continue their recent gains.
The main guests are:
9am ET – Christina Hooper, Chief Global Market Strategist, Invesco
9:15 a.m. ET – Dana Peterson, Conference Board Chief Economist
9:30am ET – JJ Kinahan, IG North America CEO
9:45 a.m. ET – Brian Spillane, BofA Securities Senior Consumer Products Analyst
10am ET – Willem Sells, Global CIO, HSBC Global Private Banking and Wealth
10:30am ET – Savanti Sis, Raymond James Managing Director
11am ET – Adam Koons, Winthrop Capital Management CIO
11:30 a.m. ET – Jamil Khan, H&R Block Strategy and Small Business Office Chief