Morning Brief

Tesla Q3 deliveries, private payrolls data

Listen Later

All three of the major indexes (^DJI,^GSPC, ^IXIC) opened slightly lower on Wednesday, while oil prices (CL=F, BZ=F) continued to rise and bitcoin (BTC-USD) experienced a sharp decline. US private payroll numbers beat Wall Street expectations in September, according to the latest ADP report. The data shows that 143,000 jobs were added in the private sector last month, surpassing the projected 125,000 jobs — a significant increase from August's reported 99,000 jobs

Takeaways:

  • US stocks (^DJI,^GSPC, ^IXIC) got off to a rocky start in October after escalating tensions in the Middle East sparked fears of a wider conflict. Traders flocked to more defensive areas of the market in Tuesday's trading session, causing oil prices (CL=F, BZ=F) to spike.
  • Nike (NKE) is looking for a fresh start under its new CEO, Elliott Hill. The footwear giant reported mixed fiscal first quarter results, withdrew its full-year sales guidance, and postponed its investor day that was originally scheduled for November. Hill will step into the role on October 14, where he will embark on a turnaround mission for the company.
  • Tesla (TSLA) third quarter sales are expected to be released this morning. Wall Street is anticipating a rise in the third quarter compared to the prior year, as demand in China has increased. Investors will also be looking forward to Tesla's big robotaxi event on October 10.

    • Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions.

    Find this and other episodes of Morning Brief here.

    Thoughts? Questions? Fan mail? Email us at [email protected].

    Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.

    Learn more about your ad choices. Visit megaphone.fm/adchoices

    ...more
    View all episodesView all episodes
    Download on the App Store
    Morning BriefBy Yahoo Finance
    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    5 ratings

    More shows like Morning Brief

    View all
    Motley Fool Hidden Gems Investing by The Motley Fool

    Motley Fool Hidden Gems Investing

    3,228 Listeners

    Investing Insights by Morningstar

    Investing Insights

    518 Listeners

    Bloomberg Intelligence by Bloomberg

    Bloomberg Intelligence

    406 Listeners

    Masters in Business by Bloomberg

    Masters in Business

    2,175 Listeners

    Bloomberg Businessweek by Bloomberg

    Bloomberg Businessweek

    427 Listeners

    Zacks Market Edge by Zacks Investment Research

    Zacks Market Edge

    298 Listeners

    WSJ Minute Briefing by The Wall Street Journal

    WSJ Minute Briefing

    686 Listeners

    Wall Street Breakfast by Seeking Alpha

    Wall Street Breakfast

    1,044 Listeners

    Schwab Market Update Audio by Charles Schwab

    Schwab Market Update Audio

    356 Listeners

    Thoughts on the Market by Morgan Stanley

    Thoughts on the Market

    1,320 Listeners

    Barron's Live by Barron's Live

    Barron's Live

    212 Listeners

    Bloomberg Daybreak: US Edition by Bloomberg

    Bloomberg Daybreak: US Edition

    87 Listeners

    WSJ's Take On the Week by The Wall Street Journal

    WSJ's Take On the Week

    150 Listeners

    Stock Market Today With IBD by Investor's Business Daily

    Stock Market Today With IBD

    53 Listeners

    Power Players with Brian Sozzi by Yahoo Finance

    Power Players with Brian Sozzi

    29 Listeners

    Capitol Gains by Yahoo Finance

    Capitol Gains

    4 Listeners

    Real Money with Ross Mac by Yahoo Finance

    Real Money with Ross Mac

    7 Listeners

    Stocks in Translation by Yahoo Finance

    Stocks in Translation

    15 Listeners

    Asking For A Trend by Yahoo Finance

    Asking For A Trend

    0 Listeners

    Overtime: Market Domination by Yahoo Finance

    Overtime: Market Domination

    0 Listeners

    Market Domination by Yahoo Finance

    Market Domination

    0 Listeners

    Catalysts by Yahoo Finance

    Catalysts

    0 Listeners

    Mind Your Money by Yahoo Finance

    Mind Your Money

    3 Listeners

    Decoding Retirement by Yahoo Finance

    Decoding Retirement

    18 Listeners

    Living Not So Fabulously by Yahoo Finance

    Living Not So Fabulously

    4 Listeners

    Yahoo Finance Sports Report by Yahoo Finance

    Yahoo Finance Sports Report

    3 Listeners

    Warrior Money by Yahoo Finance

    Warrior Money

    4 Listeners

    Yahoo Finance, Davos: The World Economic Forum by Yahoo Finance

    Yahoo Finance, Davos: The World Economic Forum

    0 Listeners

    Invest 2024 by Yahoo Finance

    Invest 2024

    0 Listeners

    Yahoo Finance Awards 2024 by Yahoo Finance

    Yahoo Finance Awards 2024

    0 Listeners

    Trader Talk by Yahoo Finance

    Trader Talk

    8 Listeners

    Stock Movers by iHeartPodcasts

    Stock Movers

    24 Listeners