Here are the key news highlights that investors should consider as they kick off their trading day:

1. Seeking Safety

This Tuesday morning, bond yields have dropped as investors turn to safe havens in light of the ongoing conflict in Israel and the Gaza Strip. It’s important to note that the bond market was closed on Monday due to Columbus Day, making this the first response of yields to the geopolitical tensions.

2. Border Siege

Israel has announced the restoration of control over its border with the Gaza Strip, following four days of attacks on southern Israel by the Palestinian terrorist group Hamas.

In response, the Israeli government has continued its airstrikes in the confined Gaza region and has mandated a complete halt to the provision of water, electricity, and food to the approximately 2.3 million residents of the economically disadvantaged enclave. The U.N. Relief and Works Agency reports a significant increase in displacements across the Gaza Strip in the past 24 hours, affecting more than 187,500 individuals.

Concurrently, Hamas claims to be holding around 150 Israeli hostages, and the casualty count from the sudden and shocking violence has surpassed 1,500, as reported by both Israeli and Palestinian health authorities. Stay updated with live developments from the Israel-Hamas conflict.

3. Pepsi Report

Pepsi beats the beginning of a fresh earnings season this Tuesday. The beverage industry leader exceeded analyst predictions and revised its full-year earnings outlook upwards. This report sets the stage for the release of September-quarter earnings, which comes after a season of increased spending for many Americans over the summer.

In the coming days, Delta Air Lines and Walgreens Boots Alliance will release their quarterly earnings on Thursday morning, followed by major banks like JPMorgan Chase, Wells Fargo, and Citigroup on Friday morning.

4. Rinse and re-Peltz

Nelson Peltz may be gearing up for a renewed proxy battle with Disney. The activist investor’s company, Trian Fund Management, has increased its ownership in the entertainment conglomerate to approximately 30 million shares.

This latest acquisition brings Trian’s total stake in Disney to around $2.5 billion, establishing the firm as one of Disney’s largest shareholders. Notably, this move comes precisely eight months after Peltz abandoned a prior proxy battle in which he sought a seat on Disney’s board and advocated for operational adjustments and cost reductions.

This time, Trian intends to pursue multiple board seats, including one for Peltz.

5. Oh, Canada

General Motors, is facing a fresh challenge, as Canadian Auto Workers have joined their American counterparts in going on strike against the company. The Unifor union, which represents approximately 18,000 Canadian employees at the Detroit automaker, and GM had until midnight last night to reach a new labor agreement.

The inability to do so has resulted in an additional 4,300 auto workers walking out on strike against GM. These new strikes, taking place in the province of Ontario, impact the production of certain Chevrolet Silverado trucks and engines used in Chevrolet Equinox models, among other products.

Summary

Investors, here’s what should know for today, Bond yields dropped due to tensions in Israel and Gaza, boosting stock futures. Pepsi performed well in its earnings report, marking the start of earnings season. Nelson Peltz, an activist investor, may engage in another battle with Disney. General Motors faces strikes by Canadian auto workers, affecting production. Stay informed for market insights.

The post 5 Important Facts Before the Stock Market Starts on Tuesday first appeared on Business d'Or.