Q4 Rally Takes a Detour, OPEC+ Deep Cuts Watch, and Elon Musk's About-Face on $44B Twitter Deal 10/5/22
Carl Quintanilla, Morgan Brennan and Mike Santoli discussed what to make of stock markets pulling back after their biggest two-day gains in more than two years. Energy in the spotlight: A report from on the ground at the OPEC+ meeting in Vienna, Austria as oil ministers discuss cutting output. What are energy CEOs saying about it? Also in focus: The future for Twitter now that Elon Musk has changed course and wants to go forward with the $44 billion takeover deal, San Francisco Fed President Mary Daly on "toxic" inflation, Amazon's hiring freeze, Morgan Stanley's Adam Jonas' note on Ford and General Motors, and what L3 Harris' CEO told Morgan about OPEC+ and its potential impact on the defense industry.
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