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It Got Too Complicated. * 7:46a Banks beat expectations but some economic cracks form as caution abounds * 7:42a Vista Outdoor halted premarket for news pending * 7:39a Gaza supplies running out, hospitals nearing collapse as more than a million forced to evacuate south * 7:37a Western Digital stock price target raised to $50 from $40 at Deutsche Bank * 7:36a Polish assets bounce as investors welcome election victory for pro-EU parties * 7:34a Instacart started at outperform with $36 stock price target at Oppenheimer * 7:34a Alignment Healthcare upgraded to strong buy at Raymond James * 7:32a Instacart started at neutral with $28 stock price target at Wedbush * 7:32a Manchester United stock slides after reports Sheikh Jassim is withdrawing his takeover bid * TO BE REPLACED Editors' Picks * Need to Know * Market Snapshot * Economic calendar * Benefits enrollment * Retirement checklist * Fentanyl * Ukraine * Israel * The Moneyist IT’S EARNINGS SEASON. WHY NETFLIX AND NVIDIA HAVE BEEN CROSSED OFF THIS FIRM’S LIST FOR QUALITY STOCKS. IT’S EARNINGS SEASON. WHY NETFLIX AND NVIDIA HAVE BEEN CROSSED OFF THIS FIRM’S LIST FOR QUALITY STOCKS. * Wall Street’s Q3 expectations have been all over the place. Now, a swing to profit growth is ‘likely’ — with a bigger rebound next year * Tesla reports earnings this week, and it’s ‘all about margins’ * These are the biggest money mistakes we make in our 20s, 30s and 40s S&P 500 FUTURES UP CAUTIOUSLY AMID MIDDLE EAST TENSIONS, RISING TREASURY YIELDS * Why Treasurys could give the U.S. stock market a green light for a year-end rally * Hedge-fund billionaire Leon Cooperman doesn’t see S&P 500 above 4,600. Here’s what he’s investing in. * Small-cap index books historic second ‘death cross’ in a year. Is a turnaround coming? FORD RECALLS MORE THAN 230,000 EXPLORERS FOR DRIVESHAFT ISSUE POLISH ASSETS BOUNCE AS INVESTORS WELCOME ELECTION VICTORY FOR PRO-EU PARTIES U.S. MAY TIGHTEN RESTRICTIONS ON SALES OF AI CHIPS TO CHINA: REPORT ACTIVIST INVESTOR STARBOARD REPORTEDLY SEEKS CHANGES AT NEWS CORP PFIZER STOCK FALLS AS SLASHES $9 BILLION SLASHED FROM OUTLOOK, FORESHADOWS LAYOFFS * BioNTech’s stock sinks after disclosing expected charge of up to nearly $1 billion resulting from Pfizer’s write offs of COVID products * Pfizer shares fall on guidance cut, weighing on other biotech companies, while Lululemon stock jumps OIL PRICES IN SPOTLIGHT AS IRAN WARNS OF ESCALATION OF ISRAEL-HAMAS WAR CL.1 -0.01% * Israel-Gaza conflict threatens to reawaken U.S. inflation, investors worry * Israeli exec who hired Palestinians in tech boom still hopes for peace while mourning slain daughter * Gaza supplies running out, hospitals nearing collapse as more than a million forced to evacuate south MORTGAGE BANKERS EXPECT THE 30-YEAR RATE TO DROP TO 6.1% BY THE END OF 2024 * ‘There’s so much housing stock in this country’: Cheap Old Houses offers a glimmer of hope to younger generations dreaming of owning a home AS THE 2023 TAX SEASON ENDS, MAKE THESE 3 SMART TAX MOVES FOR 2024 * Americans owe $688 billion in unpaid taxes. That makes audits of super-rich more ‘urgent,’ IRS says. ‘I DO NOT TRUST MANY PEOPLE DUE TO UNFORTUNATE LIFE EXPERIENCES’: I’M LEAVING ALL MY ESTATE TO CHARITY. SHOULD I MAKE A WILL OR TRUST? * Your retirement checklist: 9 steps toward a better retirement WHAT’S DRIVING UP PRICES FOR SPORTING EVENTS? TAYLOR SWIFT IS ONE FACTOR. SO ARE INFLATION AND PENT-UP DEMAND. * Manchester United stock slides after reports that Sheikh Jassim is withdrawing his takeover bid * These 10 college athletes are making over $1 million a year from NIL LATEST PODCAST Your browser does not support the audio tag.’Tis the season...for benefits enrollment MarketWatch’s financial-planning columnist Beth Pinsker talks about how to maximize your compensation through your benefits elections this enrollment season. Plus, an announcement.Read Transcript 00:00 / 21:11 1x Subscribe Apple Podcasts Spotify Google Podcasts iHeartRadio TuneIn RSS We were unable to load in stories for you. Please check your browser settings or internet connection. Loading stories we think you might like... MOST POPULAR IT’S EARNINGS SEASON. WHY NETFLIX AND NVIDIA HAVE BEEN CROSSED OFF THIS FIRM’S LIST FOR QUALITY STOCKS. PFIZER SHARES FALL ON GUIDANCE CUT, WEIGHING ON BIONTECH AND MODERNA STOCKS, AND OTHER SHARES ON THE MOVE SHARK TANK STAR KEVIN O’LEARY SAYS THIS IS THE ‘CRAP’ YOU SHOULD DO WITHOUT TO SAVE ENOUGH FOR RETIREMENT ANSWERING YOUR MEDICARE OPEN ENROLLMENT QUESTIONS DEBT-RIDDEN RITE AID FILES FOR BANKRUPTCY, WILL CLOSE MORE STORES OIL PRICES IN SPOTLIGHT AS IRAN WARNS OF ESCALATION OF ISRAEL-HAMAS WAR WHY TREASURYS COULD GIVE THE U.S. STOCK MARKET A GREEN LIGHT FOR A YEAR-END RALLY BITCOIN IS UNDERVALUED NOW — BUT JUST LOOK AT ITS PROJECTED LONG-TERM RETURN ‘I’M NOT A HIGH MAINTENANCE PERSON.’ I’M 70 AND LIVING WELL ON $24K A YEAR IN SOCIAL SECURITY. BUT I’LL HAVE TO TAKE IRA DISTRIBUTIONS SOON AND MIGHT WANT TO LIVE ABROAD. SHOULD I HIRE A PRO TO HELP? THIS CD IS PAYING A 6.25% APY — AND 9 OF THE OTHER BEST-PAYING CDS FOR OCTOBER 2023 TRENDING VIDEO Go to Video Center 3:27 WHAT ARE CERTIFICATES OF DEPOSIT AND SHOULD YOU BUY ONE? Want more videos from MarketWatch? Subscribe to our channel on YouTube! 3:27 WHAT ARE CERTIFICATES OF DEPOSIT AND SHOULD YOU BUY ONE? 3:42 THE NEXT BIG SUPERMODEL MIGHT ACTUALLY BE ENGINEERED 5:44 FREELANCE AI 'EXPERT' COULD BE THE NEXT JOB IN DEMAND 0:45 CCTV SHOWS HAMAS MILITANTS' ATTACK ON KIBBUTZ BE'ERI 1:26 HAMAS PRAISES EGYPT FOR NOT OPENING THE BORDER WITH GAZA 6:43 INVESTING IN BONDS: WHAT YOU NEED TO KNOW 0:48 MOTHER OF SHANI LOUK SAYS DAUGHTER STILL ALIVE AND IN CRITICAL CONDITION 5:54 HOW HAMAS TURNED AN ISRAELI MUSIC FESTIVAL INTO A MASSACRE 5:13 ISRAEL PREPARES FOR GAZA INVASION AS HAMAS THREATENS HOSTAGE EXECUTIONS 5:20 HOW UNDER ARMOUR'S NEW CEO PLANS TO UP THE GAME IN WOMEN'S SPORTSWEAR SECTORWATCH WATCH NOW FIRE STARTERS WATCH NOW MONEY MATTERS WATCH NOW WATCHLIST CUSTOMIZE MARKETWATCH Have Watchlists? Log in to see them here or sign up to get started. Create Account … or Log In Watchlist Menu Add Ticker * Symbol Last Change Chg Change % Chg % Volume (Go to Watchlist) NO ITEMS IN WATCHLIST There are currently no items in this Watchlist. Add Ticker NO SAVED WATCHLISTS Create a list of the investments you want to track. Create Watchlist …or learn more UH OH Something went wrong while loading Watchlist. Go to Watchlist RECENTLY VIEWED TICKERS NO RECENT TICKERS Visit a quote page and your recently viewed tickers will be displayed here. Search Tickers Markets TREASURY YIELDS MOVE HIGHER AS LATEST PRICE RALLY FADES Treasury yields rose on Monday, as the recent rally in prices faded with the prospect of interest rates remaining elevated weighing again on the bond market. PFIZER, MODERNA, INSTACART, D.R. HORTON, SCHWAB, TESLA, AND MORE STOCK MARKET MOVERS TESLA MAY BE A BETTER HAVEN THAN TREASURIES. HERE’S WHY. PFIZER SHARES FALL ON GUIDANCE CUT, WEIGHING ON BIONTECH AND MODERNA STOCKS, AND OTHER SHARES ON THE MOVE See More Investing MANCHESTER UNITED STOCK SLIDES AFTER REPORTS SHEIKH JASSIM IS WITHDRAWING HIS TAKEOVER BID MCKESSON DOESN’T EXPECT RITE AID’S BANKRUPTCY TO HAVE MUCH AFFECT ON PROFIT OUTLOOK, LIQUIDITY McKesson Corp. MCK disclosed Monday that it doesn’t expect drugstore chain Rite Aid Corp.’s RADbankruptcy announced over the weekend to have a material impact on its adjusted earnings outlook for fiscal 2024. The health care supply and retail pharmacy company added that Rite Aid’s bankruptcy isn’t expected to have a material impact on its liquidity position or operations. McKesson’s stock was still inactive in premarket trading, while Rite Aid shares were halted. On Aug. 2, McKesson said it expects fiscal 2024 adjusted EPS of $26.55 to $27.35,which compares with the current FactSet consensus of $27.19. The company is slated to release fiscal second-quarter results on Nov. 1. McKesson’s stock has rallied 13% over the past three months through Friday while the S&P 500 SPX has slipped 3.9%. KKR PUTS FORWARD OFFER TO BUY TELECOM ITALIA’S FIXED-NETWORK BUSINESS NOVO NORDISK TO BUY HYPERTENSION TREATMENT FROM FOR $1.3 BILLION FROM KBP BIOSCIENCES Novo Nordisk A/S NVODK:NOVO.B said Monday it will pay $1.3 billion to KBP Biosciences to buy ocedurenone for uncontrolled hypertension. Ocedurenone is a pill that also has potential application for cardiovascular and kidney disease. The Denmark-based biotechnology company said the drug is currently in a Phase 3 trial for uncontrolled hypertension and advanced chronic kidney disease. “This deal is closely aligned with our strategic focus on expanding from our core in diabetes into other serious chronic diseases, including through novel drug modalities, to help many more patients living with unmet medical needs,” said Camilla Sylvest, executive vice president of commercial strategy and corporate affairs at Novo Nordisk. The deal is expected to close before the end of 2023. Novo Nordisk’s U.S.-listed shares, which fell 0.8% in premarket trading, have run up 27.6% over the past three months through Friday, while the S&P 500 SPX has slipped 3.9%. See More Barron's NVIDIA STOCK DROPS. AI CHIP EXPORTS TO CHINA ARE UNDER THREAT RITE AID FILES FOR BANKRUPTCY. IT'S ABOUT OPIOID LAWSUITS. BITCOIN JUMPS AMID NEW WAVE OF BULLISHNESS ON CRYPTO ETF APPROVALS MIDDLE EAST TENSIONS WEIGH ON OIL. MARKETS ARE BRACING FOR WHAT’S NEXT. See More Financial Adviser Center HOW DO YOU KNOW IF FINANCIAL ADVICE IS WORTH PAYING FOR? WILL FINANCIAL ADVICE HELP ME SAVE MORE FOR RETIREMENT? OPINION: 3 TAX-SMART CHARITABLE GIVING STRATEGIES YOU CAN USE ANY TIME OF YEAR RETIRING IN A BEAR MARKET CAN BE CATASTROPHIC — WORKING ONE MORE YEAR CAN MAKE A HUGE DIFFERENCE See More Economy & Politics BIDEN SAYS U.S. IS ‘WORKING LIKE HELL’ TO FIND AMERICAN HOSTAGES IN GAZA RAY DALIO THINKS THE U.S. IS COURTING A DEBT CRISIS. ARE REGULATORS MOVING FAST ENOUGH TO AVERT IT? BIDEN GETS NO CREDIT FOR THE IMPROVED U.S. ECONOMY — BUT THAT WON’T COST HIM VOTES WAR, ECONOMIC CRISIS AND RAGE IS THE PRICE OF BUILDING A NEW WORLD ORDER See More Retirement ASSISTED LIVING MAY NOT BE WHAT YOU THINK: 5 CRUCIAL FACTS TO KNOW FEELING GLOOMY ABOUT YOUR RETIREMENT SAVINGS? HERE ARE FOUR STEPS TO IMPROVE YOUR OUTLOOK. ‘IS THIS HEAVEN?’ NO, BUT IT’S THE BEST STATE TO RETIRE IN. ‘WE WERE BROKE, BROKEN AND STRESSED TO THE MAX.’ THEY SOLD THEIR HOUSE FOR AN RV— AND IT BECAME THE BLUEPRINT FOR THEIR RICHEST LIFE. See More Personal Finance 10 MUST-HAVE SAFETY FEATURES FOR TEEN DRIVERS USED CAR SUPPLY IS STILL STUCK AT LOW LEVELS HOW HALLOWEEN BECAME A HUGE MONEY-MAKER FOR DISNEY CROWDS, COSTS AND CANCELLATION CONCERNS? TRY THESE TIPS AND TRICKS FOR BOOKING HOLIDAY TRAVEL. See More The Moneyist MY 8-YEAR-OLD SON WAS GIVEN $35,000 IN GOLD BARS. DO WE HOLD ONTO THEM — OR SELL AND INVEST THE MONEY? ‘BUY A YACHT,’ HE TOLD ME. MY FIANCÉ, 67, IS CUTTING HIS KIDS OUT OF HIS WILL — AND LEAVING EVERYTHING TO ME. SHOULD I BE SUSPICIOUS? ‘I’M IN MY PEAK EARNING YEARS’: I WORK FULL TIME AND WILL SOON TURN 67. SHOULD I WAIT UNTIL I RETIRE AT 70 TO COLLECT MY SOCIAL SECURITY? ‘WHAT HAPPENS IF WE MARRY?’: MY BOYFRIEND GIVES HIS DAUGHTER $3,000 A MONTH AND PAYS FOR HIS EX-WIFE’S CAR. IS THIS A PROBLEM? See More How to Invest NO MATTER YOUR AGE, HERE’S HOW TO TELL IF YOUR FINANCES ARE ON THE RIGHT TRACK SHOULD I USE A 401(K) OR AN IRA TO SAVE FOR RETIREMENT? A TRADITIONAL ACCOUNT OR THE ROTH VERSION? HERE’S WHAT TO KNOW THESE 5 GREAT, EASY-TO-READ BOOKS ABOUT MONEY WILL CHANGE HOW YOU THINK ABOUT INVESTING WHEN IS IT WORTH HIRING SOMEONE TO MANAGE YOUR MONEY? See More Coronavirus Updates CALM OBSERVED AT SOUTHERN U.S. BORDER AFTER MIDNIGHT LIFTING OF PANDEMIC-ERA ASYLUM RESTRICTIONS AS COVID PUBLIC HEALTH EMERGENCY ENDS, ‘WHACK-A-MOLE’ VIRUS WON’T BE EASY TO TRACK NOVAVAX’S STOCK SOARS AFTER POSITIVE COVID AND FLU TRIAL DATA AND NEWS OF PLAN TO LAY OFF 25% OF WORKFORCE CDC’S ROCHELLE WALENSKY RESIGNS, CITING PANDEMIC TRANSITION See More MarketWatch Picks I’M 41, LIVE IN CALIFORNIA AND HAVE A $2.5M NET WORTH. I WANT TO RETIRE IN A FEW YEARS TO THAILAND. WHAT SHOULD I DO TO MAKE THAT HAPPEN? SHOULD A PRO HELP? SHARK TANK STAR KEVIN O’LEARY SAYS THIS IS THE ‘CRAP’ YOU SHOULD DO WITHOUT TO SAVE ENOUGH FOR RETIREMENT YIKES, YOUR STUDENT LOAN PAYMENTS WILL BE DUE THIS MONTH. IS THE RIGHT MOVE TO REFINANCE? YOU CAN NOW GET AN ANNUAL SAM’S CLUB MEMBERSHIP FOR $15 See More Retirement Weekly TRAVEL CAN BE A RETIREE’S ‘FOUNTAIN OF YOUTH’ — HOW TO DO IT RIGHT HOW MANY MORE YEARS WILL YOU LIVE? HERE’S HOW TO MAKE AN EDUCATED GUESS. IT’S RISKY TO BET SOCIAL SECURITY’S SOLVENCY ON THE STOCK MARKET MY MOTHER JUST DIED. HOW DO WE WIND DOWN A REVOCABLE TRUST? See More Real Estate WANT A 3% INTEREST RATE? ‘ASSUMABLE MORTGAGES,’ A RELIC OF THE 1980S, ARE HERE TO COMBAT HIGH RATES. ‘THERE’S SO MUCH HOUSING STOCK IN THIS COUNTRY’: CHEAP OLD HOUSES OFFERS A GLIMMER OF HOPE TO YOUNGER GENERATIONS DREAMING OF OWNING A HOME ‘IT MAKES ME SAD’: I WANT TO MOVE INTO MY GRANDPARENTS’ FORMER HOME, BUT MY UNCLE REFUSES TO HAND OVER THE KEYS. WHAT CAN I DO? U.S. MORTGAGE RATES HIT 23-YEAR HIGH AND HOME PRICES SHOW FEW SIGNS OF COOLING, BUT REDFIN SAYS ‘ALL HOPE IS NOT LOST.’ WHY? See More Mansion Global THIS MODERN HOUSE GRABS BOATERS’ ATTENTION AS THEY SAIL PAST PANAMA CITY, FLORIDA ANDA ANDREI TALKS ABOUT DESIGNING A POOL WITH ‘ROOMS’ AND THE HEALING POWER OF BEAUTY JACKSONVILLE’S MOST EXPENSIVE LISTING, A CENTURY-OLD RIVERFRONT LANDMARK, TO SELL AT AUCTION WEEK IN REVIEW: CELEBRITY SWAPS, TROPHY HOME TRANSACTIONS, AND A PRICEY PENTHOUSE See More ADVERTISEMENT ADVERTISEMENT × * * * * Back to Top Copyright © 2023 MarketWatch, Inc. All rights reserved. Subscriber Agreement & Terms of Use | Privacy Notice | Cookie Notice (). 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