Big Week for Earnings, Pfizer's Warning and Rebound, Yellen on the Israel-Hamas War 10/16/23
Carl Quintanilla, David Faber and Sara Eisen led off the show with a look at what to expect from marketsthis week -- as earnings season ramps up and stocks move higher despite a rise in treasury yields. Pfizer also in the spotlight: The company lowered full-year guidance late Friday, citing weaker demand for itsCOVID vaccines and treatments. Why did the stock rebound? Also in focus: The Israel-Hamas war and what Treasury Secretary Yellen said about it, Charles Schwab earnings, obesity drug stocks vs. the consumer staples sector, a strong debut for Taylor Swift's concert film, David celebrates the Jets' upset of the Eagles. Squawk on the Street Disclaimer
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Show Notes
Carl Quintanilla, David Faber and Sara Eisen led off the show with a look at what to expect from marketsthis week -- as earnings season ramps up and stocks move higher despite a rise in treasury yields. Pfizer also in the spotlight: The company lowered full-year guidance late Friday, citing weaker demand for itsCOVID vaccines and treatments. Why did the stock rebound? Also in focus: The Israel-Hamas war and what Treasury Secretary Yellen said about it, Charles Schwab earnings, obesity drug stocks vs. the consumer staples sector, a strong debut for Taylor Swift's concert film, David celebrates the Jets' upset of the Eagles.
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