Morning Brief
Bond sell off, Citi's S&P 500 warning, GM earnings
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Show notes
It's another busy week this earnings season as General Motors (GM) posted a third quarter earnings beat this morning, with Tesla (TSLA) set to release its quarterly results on Wednesday.
Takeaways:
The 10-year Treasury yield touches 4.2% as the global bond market (^TYX, ^TNX, ^FVX) experiences a sell-off.
US stock futures (ES=F, NQ=F, YM=F) move lower in Tuesday's pre-market trading after Citi warns about S&P 500 (^GSPC) equity exposures.
American automaker General Motors (GM) topped third quarter earnings estimates, posting a 60% year-over-year increase in EV sales. Stay tuned to catch Yahoo Finance's interview with GM Chief Financial officer Paul Jacobson.
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