My top 10 things to watch Tuesday, Oct. 10 Bonds prices up huge . Safety or Fed Vice Chair Philip Jefferson comments that central bankers need to be careful of rising yields? China weighs new stimulus. The market still trying to figure out how to gauge the Israel-Hamas war. Wall Street stabilizes: The Dow , the S & P 500 and the Nasdaq little changed early Tuesday. Oil prices are slightly lower. Gold up modestly and so is the dollar .
Bank of America thinks Israel-Hamas war could drive up U.S. Defense Department spending, which would benefit defense stocks such as quarterly beat and guidance raise. Beginning of the comeback after GLP-1 diabetes/weight-loss class of drugs. All numbers excellent. It's no reorganizes its businesses and reaffirms guidance. The new operating segments: automation, aviation and energy. We hope this structure under new CEO Vimal Kapur yields results down the road.
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