The earnings and economic data just keep rolling out this week as Wall Street reacts to Microsoft (MSFT) and Meta Platforms' (META) latest earnings results alongside this morning's Personal Consumption Expenditures (PCE) index for September.

Takeaways

• US stock futures (ES=F, NQ=F, YM=F) move lower this morning after Microsoft (MSFT) and Meta Platforms (META) released their respective earnings results yesterday. The next Big Tech stocks Wall Street is eyeing are Amazon (AMZN), Apple (AAPL), and Intel (INTC) as their earnings reports are due out after the closing bell.


• Peleton (PTON) taps Ford (F) executive Peter Stern to take over as its new CEO, effective January 2025.


• This morning was a treasure trove of economic data this morning — the core PCE (personal consumption expenditures) index rose 2.7% year-over-year in the month of September while last week's initial jobless claims came out at 216,000.

Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions.

Find this and other episodes of Morning Brief here.

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.

Learn more about your ad choices. Visit megaphone.fm/adchoices