Correction vs. Rally, McDonald's Beats, UAW-GM Tentative Deal 10/30/23

Correction vs. Rally, McDonald's Beats, UAW-GM Tentative Deal 10/30/23

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  • Afsnit
    • 1296
  • Udgivet
    • 30. okt. 2023
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Afsnit
1296 of 1998
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46M
Sprog
Engelsk
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Kategori
Økonomi & Business

After the broader markets closed Friday's session in correction territory, Carl Quintanilla, Jim Cramer and David Faber explored what to make of Monday's rebound rally as we enter a big week: Apple joins the earnings parade, Treasury refunding, the Fed decision on rates and the key October jobs report. McDonald's shares up on better-than-expected quarterly results, helped by higher menu prices. Also in focus: General Motors becomes the last of Detroit's "Big 3" automakers to reach a tentative labor agreement with the UAW, Alphabet and Google CEO Sundar Pichai to testify in the U.S vs. Google antitrust trial, the Biden Administration's executive order on AI.

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