Stocks Recover, Oil at Fresh Highs, Facebook Drama – What’s Moving Markets By Investing.com – Investing.com

Stocks Recover, Oil at Fresh Highs, Facebook Drama – What’s Moving Markets By Investing.com – Investing.com

By Geoffrey Smith 

Investing.com -- Global stocks rebound from their Monday sell-off and Wall Street is expected to claw back up to one-third of its losses at the opening. Oil prices hit fresh seven-year highs and Europe's gas prices continue to go parabolic. Another Chinese real estate developer defaults and more is on the way. Facebook (NASDAQ:) is back online, so there should be no trouble sharing coverage of whistleblower Frances Haugen's testimony in the Senate later. Pepsico (NASDAQ:) raises its guidance and the ISM non-manufacturing survey is due. Here's what you need to know in financial markets on Tuesday, 5th October.

1. Stocks recover from tech-led tumble; Pepsico eyed