Earnings season begins with PepsiCo reporting — and more in Tuesday’s stock market recap.
PepsiCo kicked off earnings season by beating analysts’ estimates. The soda and snack food company also raised revenue projections for the second quarter in a row. This news sent shares up slightly in premarket trading.
But that’s not the only news hitting the headlines… Aside from earnings, COVID-19 is ramping up again, causing many to consider if we’re on the verge of renewed lockdowns, especially in China.
Many investors are also wondering if the current decline in commodity prices is signaling the end of inflation as we approach the release of Wednesday’s inflation data.
In this morning’s stock market recap video, I’ll reveal the four biggest factors driving this market… how I’m playing tomorrow's Consumer Price Index report…. An earnings preview… a sneak peek into the strongest and weakest stocks… plus what I expect energy to do next.
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