Global stock markets are higher overnight due to...Australia? Yep. The central bank there became the first G20 country to raise interest rates, by 25 basis points to 3.25 points. The Australian dollar jumped to a 14-month high, and stocks rose as well. Read More
Following on the heels of its S-4 filing last week, PepsiCo announced Monday it plans to name Eric Foss to head up the company's bottling business once it completes its acquisition of Pepsi Bottling Group and PepsiAmericas. Read More
Uneven economic news is spooking stocks this October, but third quarter earnings could be one factor that helps keep the market's 7-month rally intact. Read More
Stock futures have been weak overnight, though they popped off their lows when June Personal Spending came in slightly higher than expected, though still at a very low level. Read More
Futures trade in a fairly tight range this morning ahead of a key 10-year Treasury note auction around 1pm ET today and the earnings season kickoff this afternoon with Dow component Alcoa reporting results after the close. Read More