Shares of automaker Stellantis (STLA) are falling sharply after the company announced CEO Carlos Tavares was leaving. In a release, Stellantis Senior Independent Director Henri de Castries said “different views have emerged” between Tavares and the board, leading to his departure. Investors will also be watching jobs data this week. The October Job Openings and Labor Turnover Survey will be released on Tuesday, while the November employment report will be released on Friday. Trending tickers on Yahoo Finance include Marvell Technology (MRVL), Tesla (TSLA), and Rocket Lab (RKLB).
Key guests include:
9:05 a.m. ET – Seema Shah, Principal Asset Management Chief Global Strategist
9:15 a.m. ET – John Mercer, Coresight Head of Research
10:15 a.m. ET – Andrew Anagnost, Autodesk President and CEO
10:30 a.m. ET – Tim Fiore, ISM Manufacturing Business Survey Committee Chair
11:30 a.m. ET – Hayley Berg, Hopper Lead Economist
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Julia Coronado: I think it's too early to say that the U.S. is heading to a recession. Certainly, we have seen the U.S. just continue t