Job growth is expected to slow down in September and Exxon is reportedly in talks to acquire Pi𒉰oneer Natural Resources in a deal that would expand its shale drilling operations. Here’s what investors need to know todaꦍy.

1. Job Gai♛ns Expected to Slow in September Whiꩵle Unemployment Rate Drops

Stock futures were rising in pre-market trading ahead of the Labor Department’s 8:30 a.m. ET release of the September employment report. Economists are forecasting that the U.S. economy added 163,000 jobs in September, fewer than the 187,000 jobs added in August, as the unemployment rate is expected to drop 0.1 percentage point to 3.7%.

2. Exxon in Talks to M🔜erge With Shale Dꦯriller Pioneer

澳洲幸运5官方开奖结果体彩网:Exxon Mobil (XOM) shares declined nearly 2% in pre-market trading following reports that the oil giant is in talks to acquire shale driller Pioneer Natural Resources (PXD) in a $60 billion deal. The merger would likely be Exxon’s largest since acquiring Mobil in 1999 and would expand the company’s presence in the oil-rich Permian Basin of West Texas and New Mexico. The deal sent Pioneer shares higher by more than 11% in pre-market trading.

3. Tesla Drops Model 3𒅌, M🌠odel Y Prices After Deliveries Miss

After weaker-than-expected third-quarter deliveries, Tesla (TSLA) cut prices on its Model 3 vehicles to $38,990 from $40,240, and reduced the price of its Model Y vehicles to $48,490 from $50,490. The price drop comes after the electric vehicle maker delivered 435,059 cars in the third quarter, below estimates of 455,000. Shares of Tesla dropped about 1.1% in the pre-market.

4. Regulators Want to Recall 20 Million🧸 GM Vehicles Over Airbag Issue

The National Highway Traffic Safety Administration (NHTSA) reportedly wants to recall about 20 million General Motors (GM) vehicles to replace potentially faulty airbag inflators. GM recalled about 1 million in May over the same issue. Shares of GM gained 0.3% in pre-market trading after falling more than 2% in the prior session.

5. Levi Shares Fall Aꦚfter Cutting Annual Forecast on Weaker Dema𝓀nd for Jeans

Levi Strauss & Co. (LEVI) shares fell nearly 2% in pre-market trading after the jeans maker cut its 澳洲幸运5官方开奖结果体彩网:annual forecast for the second time after the company missed third quarter sales estimates. Falling demand through wholesale channels, along with unseasonably warm weather cutting demand, prompted the company to lower its revenue forecast to range from flat to a 1% increase, down from prior forecasts of 1.5% to 2.5% revenue growth for the fiscal year.