Five things you need to know before the market opens on Thursday October 12:
1. -- Stock Market Today: Stocks higher, yields retreat with inflation in focus
Wall Street is looking to extend its win streak to a fifth consecutive session Thursday as investors continue to track the pullback in Treasury bond yields into the start of the third quarter earnings season.
2. -- September inflation data could confirm market bets that Fed rate have peaked
Investors are betting the Fed has come to the end of its rate-hiking cycle, and are looking to today's key September inflation reading for full confirmation.
3. -- Walgreens earnings on deck as Tim Wentworth takes helm amid profit slump
Walgreens, which named industry veteran Tim Wentworth as group CEO earlier this week, will publish its fourth quarter earnings and 2024 outlook prior to the opening bell.
4. -- Ford slides as UAW expands strike action to giant Kentucky truck plant
The United Autoworkers Union expanded its strike action late Wednesday to include Ford's biggest, and most-profitable, assembly plant in Louisville, Kentucky.
5. -- Domino's Pizza earnings top forecasts, revenues slide amid soft summer demand
Hotter-than-expected summer weather sapped U.S. sales for Domino's Pizza, but higher prices and delivery fees powered third quarter profits.
