Inventories are traded laterally

US markets were mixed Tuesday morning in a context of geopolitical uncertainty in China and Europe.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "The S & P 500 (^ GSPC) climbed 0.03%, or 1.12 points, while the Dow (DJI) climbed 0.09%, or 22.88 points, to 9:45 am in New York. The Nasdaq (^ IXIC) lost 0.1%, or 6.12 points. "data-reactid =" 16 ">The S & P 500 (^ GSPC) climbed 0.03%, or 1.12 points, while the Dow (DJI) climbed 0.09%, or 22.88 points, to 9:45 am in New York. The Nasdaq (^ IXIC) lost 0.1%, or 6.12 points.

Overseas, European stocks were in the red while political uncertainty persisted in Italy, the country arguing with the EU on its budget proposal. Italy's new budget proposal, which aims to increase spending and reduce taxes, raises the deficit target to 2.4% for the country.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Some uncertainty about trade has been appeased earlier in the week after the United States concluded a trilateral $ 1 trillion trade agreement with Mexico and Canada. United States-Mexico-Canada Agreement (USMCA), should be signed by leaders of the three countries in November before going to Congress for approval. While the agreement heralded the beginning of a easing of trade tensions in North America, President Donald Trump said at a press conference Monday that he was still "too much" Early to talk "with China – the region where the United States had the biggest trade deficit – adding that" They've been tearing us apart for so many years. " "Data-reactid =" 18 "> Trade uncertainty eased earlier in the week after the United States reached a trilateral agreement with Mexico and Canada, regulating trade-in. Worth $ 1 trillion The new agreement, called the United States-Mexico-Canada Agreement (USMCA), should be signed by leaders of the three countries in November before going to Congress for approval. While the agreement heralded the beginning of a easing of trade tensions in North America, President Donald Trump said at a press conference Monday that he was still "too much" Early to talk "with China – the region where the United States had the biggest trade deficit – adding that" They've been tearing us apart for so many years. "

STOCKS: PepsiCo exceeds expectations, Stitch Fix collapses

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "PepsiCo (PEP) announced Tuesday morning earnings higher than analysts' expectations and reported the return to growth of its beverage division in North America, which was previously lagging behind its packaged snacks business. PepsiCo's beverage business in North America recorded organic growth of 2.5%, following a 1.5% decline in the previous quarter. PepsiCo also announced quarterly revenues of $ 16.49 billion, exceeding expectations of $ 16.36 billion and adjusted earnings per share of $ 1.59, two cents higher than average expectations set by Thomson Reuters . But the stock dropped 1.83% to 108.68 USD at 9:40 am ET on Tuesday, the last day of Indra Nooyi as CEO of the company. "Data-reactid =" 20 ">PepsiCo (PEP) announced Tuesday morning earnings higher than analysts' expectations and reported the return to growth of its beverage division in North America, which was previously lagging behind its packaged snacks business. PepsiCo's beverage business in North America recorded organic growth of 2.5%, following a 1.5% decline in the previous quarter. PepsiCo also announced quarterly revenues of $ 16.49 billion, exceeding expectations of $ 16.36 billion and adjusted earnings per share of $ 1.59, two cents higher than average expectations set by Thomson Reuters . But the stock fell 1.83% to $ 108.68 at 9:40 am ET Tuesday, the last day of Indra Nooyi as CEO of the company.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "Shares of Stitch Fix (SFIX) fell in late trading on Monday after reporting users growth below average analyst expectations, indicating that the company may not be able to keep pace with Amazon's roll-out of new personalized shopping services. According to Stitch Fix, the number of active customers for the quarter increased by 25% to € 2.7 million compared to the same period of the previous year, but its number remained unchanged from the previous quarter and was below analysts' average expectations of $ 2.81 million for the quarter, according to StreetAccount. Stitch Fix too reported net revenues of $ 318.3 million, an increase of 23% year-over-year, but did not meet analysts' expectations of $ 318.6 million. The stock was down 26% to about $ 33 per share at 9:42 am ET. "data-reactid =" 21 ">Shares of Stitch Fix (SFIX) fell in late trading on Monday after reporting users growth below average analyst expectations, indicating that the company may not be able to keep pace with Amazon's roll-out of new personalized shopping services. According to Stitch Fix, the number of active customers for the quarter increased by 25% to € 2.7 million compared to the same period of the previous year, but its number remained unchanged from the previous quarter and was below analysts' average expectations of $ 2.81 million for the quarter, according to StreetAccount. Stitch Fix too reported net revenues of $ 318.3 million, an increase of 23% year-over-year, but did not meet analysts' expectations of $ 318.6 million. The stock was down 26% to about $ 33 per share at 9:42 am ET.

NEWS: Amazon raises minimum wage, Tesla reaches production targets

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "Amazon (AMZN) announced the increase of its minimum wage to 15 dollars For all full-time, part-time, temporary and seasonal employees in the United States, effective November 1st. The new policy will affect more than 250,000 Amazon employees and another 100,000 seasonal employees hired to work during the holiday season. I said. The Seattle, Washington-based company will also deploy its public policy team to advocate for an increase in the federal minimum wage, which is currently set at $ 7.25 from the United States. 39; hour. "Data-reactid =" 23 ">Amazon (AMZN) announced the increase of its minimum wage to 15 dollars For all full-time, part-time, temporary and seasonal employees in the United States, effective November 1st. The new policy will affect more than 250,000 Amazon employees and another 100,000 seasonal employees hired to work during the holiday season. I said. The Seattle – based company in Washington State will also deploy its public policy team to advocate for an increase in the federal minimum wage, which is currently set at $ 7.25 a month. hour.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "Tesla (TSLA) produced 53,239 model 3 vehicles in the third quarter, according to the company's August forecast that it would produce between 50,000 and 55,000 models 3 during the period. The company produced 80,142 vehicles in total in the third quarter, up 50 percent from the previous quarter, the company said in a statement on Tuesday. "Data-reactid =" 24 ">Tesla (TSLA) produced 53,239 model 3 vehicles in the third quarter, according to the company's August forecast that it would produce between 50,000 and 55,000 models 3 during the period. The company produced 80,142 vehicles in total in the third quarter, up 50 percent from the previous quarter, the company said in a statement on Tuesday.

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<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "Kroger (KR) and Walgreens (WBA) announced Tuesday that the two companies were working together new format combining Kroger's grocery business with the pharmaceutical, health and beauty business of Walgreens. The companies selected 13 Walgreens stores in northern Kentucky near Kroger's Cincinnati headquarters to test the format, the company said in a statement. "Data-reactid =" 36 ">Kroger (KR) and Walgreens (WBA) announced Tuesday that the two companies were working together new format combining Kroger's grocery business with the pharmaceutical, health and beauty business of Walgreens. The companies selected 13 Walgreens stores in northern Kentucky near Kroger's Cincinnati headquarters to test the format, the company said in a statement.

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