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Instacart IPO, UAW strikes, oil prices soar: 3 Things

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Instacart (CART) amped up its initial share price to $30 ahead of its IPO later today. Auto workers are considering their strike efforts against the Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) if no progress is made in negotiations between the United Auto Workers (UAW) union and employers. Lastly, crude oil prices move higher after springing past $90 per barrel, reaching a 2023 high.

Yahoo Finance Live's Seana Smith and Brad Smith break down the biggest industry news this morning from the Nasdaq MarketSite.

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