00:00U.S. stock futures were higher on Monday as the Dow Jones, S&P 500, and NASDAQ 100 indices rose
00:07following Friday's lower close. Treasury Secretary Scott Besant said September's hotter inflation
00:13reading reflects an energy shock and argued prices will ease once the U.S. gets to the other side of
00:19the Iran conflict. Investors are preparing for a massive week of third quarter earnings,
00:24with Magnificent Seven members, Meta Platforms, and Tesla taking center stage on Wednesday.
00:30Meanwhile, the 10-year Treasury bond yielded 5.07 percent, and the 2-year Treasury bond yielded
00:374.72 percent at the last check. The CME Group's FedWatch tool projections show markets pricing in
00:43a 14.9 percent likelihood of the Federal Reserve hiking interest rates after its October meeting.
00:50The Spider S&P 500 ETF Trust and Invesco QQQ Trust ETF were higher in pre-market trading on Monday.
00:58The SPY was up 0.53 percent at $767.33, while the QQQ advanced 1.09 percent to $717.53.
01:12Stocks in focus for today are
01:14Disc Medicine was 17.89 percent higher in pre-market trading on Monday after the company said it will
01:21host a webcast on Monday, October 19th to discuss top-line results from the Apollo Phase 3 trial of
01:28bitapertin in erythropoietic protoporphyria. Steel Dynamics was 0.06 percent higher as its third
01:35quarter 2026 results are due after the closing bell. Analysts expect $5.41 cents in EPS, on revenue of
01:44$6.44 billion. Elbit Systems was 0.95 percent lower despite announcing that it was awarded a contract
01:53valued at approximately $235 million to supply extra MR, medium-range, rockets, and precise and universal
02:02launching system rocket artillery systems to a European customer. RedCat Holdings was 5.30 percent
02:09higher as it announced a voluntary public purchase offer to acquire all outstanding shares of the
02:15Austrian engine manufacturer Stiere Motors. Open World surged 20.68 percent in pre-market trading on Monday,
02:22as it entered into a non-binding term sheet with Meridian for a tokenized financing program of up to $1
02:29billion
02:29to support a distributed AI computing network utilizing Tesla Powerwall batteries and solar energy,
02:36and recently secured majority stockholder approval for share authorization changes.
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