US stock futures (ES=F, NQ=F, YM=F) move lower this morning after Microsoft (MSFT) and Meta Platforms (META) released their respective earnings results yesterday. The next Big Tech stocks Wall Street is eyeing are Amazon (AMZN), Apple (AAPL), and Intel (INTC) as their earnings reports are due out after the closing bell.

Peleton (PTON) taps Ford (F) executive Peter Stern to take over as its new CEO, effective January 2025.

This morning was a treasure trove of economic data this morning — the core PCE (personal consumption expenditures) index rose 2.7% year-over-year in the month of September while last week's initial jobless claims came out at 216,000.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.