Five things you need to know before the market opens on Monday October 16:
1. -- Stock Market Today: Stocks steady, oil slips as markets eye middle east tensions
Investors are looking ahead cautiously to a busy week on Wall Street as tension in the middle east escalate and inflation concerns continue to clip sentiment.
2. -- Tesla earnings, Jerome Powell speech, retail sales highlight key week on Wall Street
Wall Street bulls face a crucial test this week as the third quarter earnings season shifts into full gear amid rising geopolitical tensions and renewed inflation risks.
3. -- Pfizer slumps after slashing full-year profit forecast on tumbling Covid sales
Pfizer said slumping demand for its Comirnaty covid vaccine and its Paxlovid antiviral treatment will mean sharply lower revenues for the full year.
4. -- Lululemon stock leaps as shares are tapped to replace Activision in the S&P 500
Lululemon, which is now worth around $50 billion, will replace Activision Blizzard in the S&P 500 following the latter's takeover by Microsoft.
5. -- Taylor Swift 'Eras Tour' Film smashes box office records but can't lift AMC
Mega star Taylor Swift's Eras Tour movie likely drew $120 million in box office receipts this weekend, the most-ever for a concert film and a record for any October movie release.
