Stocks nudge higher, job report in focus, Exxon-Pioneer takeover talks, Tesla price cuts, Levi Strauss...

📆 10/6/2023 9:50 AM
📰 startelegram

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Stocks higher, job report in focus, Exxon-Pioneer, Tesla, Levi Strauss

Stocks are braced for Friday's crucial jobs report following a series of mixed employment data and a volatile week for Treasury bond yields.The Labor Department's September jobs report could have a major impact on the recent surge in Treasury bond yields are market remain fixated on renewed inflation pressures.Tesla stock slides on fresh Model 3, Model Y price cuts ahead of Q3 earnings

Tesla, which has vowed to put winning market share ahead of profits, unveiled another round of U.S. price cuts for its flagship models.A warm summer hit in-store traffic for Levi Strauss, and a pullback in consumer spending is likely to pressure sales into the final months of the year.

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