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The Street
The Street
Business
Martin Baccardax

Stocks nudge higher, job report in focus, Exxon-Pioneer takeover talks, Tesla price cuts, Levi Strauss outlook - 5 Things To Know

Five things you need to know before the market opens on Friday October 6:

1. -- Stock Market Today: Stocks gain, Treasury yields nudge higher ahead of jobs report

Stocks are braced for Friday's crucial jobs report following a series of mixed employment data and a volatile week for Treasury bond yields. 

2. -- September jobs report could stoke Treasury yield surge, or stop it in its tracks

The Labor Department's September jobs report could have a major impact on the recent surge in Treasury bond yields are market remain fixated on renewed inflation pressures.

3. -- Pioneer Natural Resources surges on $60 takeover Exxon Takeover Talks

Exxon is reportedly looking to buy Permian producer Pioneer Natural Resources for around $60 billion.

4. -- Tesla stock slides on fresh Model 3, Model Y price cuts ahead of Q3 earnings

Tesla, which has vowed to put winning market share ahead of profits, unveiled another round of U.S. price cuts for its flagship models.

5. -- Levi Strauss slides after cutting full year sales outlook following muted Q3 earnings

A warm summer hit in-store traffic for Levi Strauss, and a pullback in consumer spending is likely to pressure sales into the final months of the year.

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