US stocks (^DJI, ^GSPC, ^IXIC) got off to a rocky start in October after Iran launched a missile attack on Israel. Oil prices (CL=F, BZ=F) soared and gold (GC=F) traded near record highs as investors flocked to more defensive areas of the market amid tensions in the Middle East. Finished. Meanwhile, Chinese stocks (BABA, JD, BIDU) continue to rise after the People’s Bank of China announced new stimulus measures aimed at reviving the ailing economy. Nike (NKE) stock is under pressure after the company reported mixed fiscal first-quarter results. Investors were disappointed when the company withdrew its outlook for the year and postponed its investor day amid a CEO change. Wall Street is also scrutinizing the latest ADP jobs report for insight into the health of the labor market ahead of Friday’s important jobs report. Yahoo Finance’s trend tickers include Lockheed Martin (LMT), PDD Holdings (PDD), and Humana (HUM).
The main guests are:
9 a.m. ET – Ed Mills, Raymond James Washington Policy Analyst and Managing Director
9:45 a.m. ET – Jed Dorsheimer, Head of Energy and Sustainability Research, William Blair Group
10am ET – Bill Baruch, President of Blue Line Futures
10:15 a.m. ET – Steve Clemons, founding editor of The Washington Note
10:50 a.m. ET – JoeBen Bevirt, Joby CEO
11am ET – Nella Richardson, ADP Chief Economist
