Market Update: Stock Futures Rise, Hurricane Milton Approaches, PepsiCo Earnings Mixed

Reported about 7 hours ago

Stock futures and Treasury yields experienced a rise as markets anticipate the upcoming Consumer Price Index report. Meanwhile, Hurricane Milton has escalated to a Category 5 storm, prompting preparations in Florida and affecting insurance stocks negatively, while generator manufacturer shares surged. Additionally, PepsiCo reported mixed third-quarter earnings and adjusted its sales forecast for North America for 2024.

Source: YAHOO

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