Posted 10/6/2023, 12:09:00 PM
Stocks Edge Up Ahead of Jobs Report; Tesla Cuts Prices, Exxon Eyes Major Deal
- Dow Jones futures edged up ahead of September jobs report. Tesla, Exxon Mobil, Taiwan Semiconductor in focus.
- Tesla cut prices overnight on Model 3, Model Y amid demand concerns.
- Exxon Mobil nearing ~$60B deal for shale driller Pioneer Natural Resources.
- Taiwan Semiconductor Sept revenue fell less than expected amid AI chip demand.
- Jobs report could swing markets Friday. Tesla holding key support despite bad news.