Stocks higher, 10-year auction, Ozempic, Exxon-Pioneer, Delta Air Lines
Stocks are set for their fourth consecutive day of gains as investors bet on a solid third quarter earnings season and the end of the Fed's historic rate-hiking cycle.A $35 billion auction of 10-year bonds later today will provide a key demand benchmark amid historic volatility in the Treasury bond market.
Ozempic, the diabetes treatment often prescribed for weight loss, is also proving highly-effective in treating patients with chronic kidney disease.The $60 billion tie-up between Exxon and Pioneer will create a shale oil giant with more than 1.4 million net acres in the Permian and Delaware basins and combined estimated production of 16 million barrels per day.Delta, the first of the major U.S.
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