Merck & Company (MRK): Building Strength, Paving the Way for Potential Upside
$86.28
Merck & Company (MRK): Building Strength, Paving the Way for Potential Upside
31 Oct 2025, 11:49
Markets shot higher yesterday once again as investors snatched up growth stocks. Bond yields fell, boosting the tech stocks. And the global news gave traders hope that easing on aggressive interest rate hikes by the fed, could come before the year is up.
A big positive was the news about job openings, data showed that they fell to the lowest since June 2021. This illustrates that even the piping hot job market is cooling. Although, more news on jobs will come later in the week with the government's report on the labour market for September.
One interesting topic that traders are following is the deal with Twitter. Elon Musk intends to buy Twitter for $44 billion (£38.3 billion), in fact, this took another turn on Tuesday as Musk hinted that he would proceed with his original offer. Both parties are due in court this month, all that remains is to see if and when they can agree.
Here are the events that could affect the markets today:
ADP payrolls
OPEC meeting
Services activity
UK PMI