U.S. Trade Deficit Seen Narrowing — Data Week Ahead
The following are median forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Monday afternoon.
U.S. Private-Sector Hiring Eases More Than Expected as Large Firms Begin to Shed Jobs
Employment in the nonfarm private sector increased by 89,000 jobs, compared with 180,000 in August, according to data from the ADP National Employment Report released Wednesday. This was the slowest ...
Inhibikase Shares Rise Premarket on FDA Orphan Designation for Risvodetinib
Shares of Inhibikase Therapeutics rose sharply in premarket trading Wednesday after the clinical-stage pharmaceutical company won U.S. Food and Drug Administration orphan-drug designation for its lead ...
Morningstar3h
North American Morning Briefing: S&P 500 Futures Recover Early Losses After Yields Spike
Today's Top Headlines/Must Reads: - As the Fed's Inflation Fight Drags On, Government Interest Payments Climb - Bond Selloff Threatens Hopes for Economy's Soft Landing - Why 8% Mortgage Rates Aren't ...
European Midday Briefing: The Global Bond Selloff Continues
The U.K. grocer expects retail adjusted operating profit-the company's preferred metric, which strips one-off items-for fiscal 2024 between 2.6 billion pounds and 2.7 billion pounds ($3.14 ...
Morningstar3h
North American Morning Briefing: S&P 500 Futures -2-
14:00/US: Sep ISM Report On Business Services PMI 14:30/US: 09/29 EIA Weekly Petroleum Status Report 15:00/US: Sep Global Services PMI 23:01/UK: CBI Financial Services Survey All times in GMT. Powered ...
Novartis Spinoff Sandoz Group Valued at $11.2 Billion in Trading Debut
Generic-drug maker Sandoz Group was valued at around 10.3 billion Swiss francs ($11.18 billion) in its trading debut on the SIX Swiss Exchange after it was spun off from Novartis. At 0830 GMT, ...
Tesco Lifts Fiscal Year 2024 Retail Views After Cost Cutting Boosts First-Half Performance
Tesco upgraded its fiscal 2024 guidance on retail earnings after significant cost reductions resulted in a strong performance in the first half.
US Futures, European Stocks Fall as Bond Selloff Intensifies
The German 10-year Bund yield climbed by 3 basis points to 3% from 2.968%, and the yield on the 10-year U.S. Treasury rose by 5 basis points to 4.85% from 4.804%. Bond prices and yields move in ...
Tesco Lifts Views After Cost Cutting, Easing Inflation Boosts Performance — Update
The U.K. grocer expects retail adjusted operating profit--the company's preferred metric, which strips one-off items--for fiscal 2024 between 2.6 billion pounds and 2.7 billion pounds ($3.14 ...
EMEA Morning Briefing: Stocks Set to Extend -2-
In a letter sent to TikTok on Tuesday, the Republican and Democrat inquired about the relationship, including whether TikTok disclosed recent personnel moves to the U.S. government.
EMEA Morning Briefing: Stocks Set to Extend Declines as Bond Selloff Weighs
European stocks may track Asian peers lower as a bond selloff intensifies. In Asia, the dollar strengthened; long-dated Treasurys pushed higher; while oil and gold futures fell. European shares look ...