Morning Bid: Not so fast – Reuters

Morning Bid: Not so fastReuters Stocks making the biggest moves in the premarket: Tesla, Ford Motor, Goldman Sachs and moreCNBC Dow Jones Futures Fall After Market Rally On Fed Hopes; Musk-Twitter Saga Isn’t Over Yet | Investor’s Business DailyInvestor’s Business Daily Morning Bid: Retweet or like?Reuters Top stocks trending after hours: Twitter, Amylyx Pharmaceuticals, AutoZone, … Read more

Wall Street seen to decline as rally in growth stocks falters

US private payrolls increase in September – ADP Blackstone in talks to buy Emerson Electric assets – report Twitter eases from one-year high, Tesla slips Futures down: Dow 0.91%, S&P 0.91%, Nasdaq 0.96% Oct 5 (Reuters) – Wall Street was seen to open lower on Wednesday due to weakness in megacap growth and technology stocks … Read more

US steps away from flagship lithium project with Berkshire

Oct 5 (Reuters) – In a February meeting with mining executives, President Joe Biden laid out an aggressive goal for the United States to produce more of its own minerals for the electric vehicle revolution in ways that respected the environment. A “big part” of those efforts, the president said, was Berkshire Hathaway Inc’s (BRKa.N) … Read more

Morning Bid: Bear trap? | Reuters

Oct 5 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Genuine turning point, or classic bear market rally? World markets continue to rip higher as the dollar, bond yields and Fed interest rate expectations decline, confounding even the biggest optimists who had called for a positive start to the … Read more

OPEC+ supply cuts loom over tight oil market

LONDON/GENEVA/VIENNA, Oct 4 (Reuters) – OPEC+ looks set to cut output when it meets on Wednesday, curbing supply in an oil market that energy company executives and analysts say is under strain from robust demand, lack of investment and production problems . The potential OPEC+ cut could spur a recovery in oil prices that have … Read more

London’s Battersea Power Station reborn as an office and shopping hub

LONDON, Oct 4 (Reuters) – London’s Battersea Power Station reopens next week as a glitzy hub of offices, flats, restaurants and shops after decades of failed attempts to reinvigorate one of the capital’s most iconic buildings, often described as the “Everest of real estate”. The 1930s power station once supplied a fifth of London’s electricity, … Read more

Sterling drops 1% as PM Truss defends economic plans

LONDON, Sept 29 (Reuters) – Sterling fell as much as 1% on Thursday after British Prime Minister Liz Truss defended economic plans that have triggered chaos in the country’s markets. Truss said big tax cuts were the right path for Britain and refused to consider reversing the so-called “mini budget” laid out last week. The … Read more

Twitter surges after report Musk will go through with deal

Oct 4 (Reuters) – Shares of Tesla Inc (TSLA.O) pared early gains while Twitter Inc (TWTR.N) surged on Tuesday after a report that billionaire Elon Musk is expected to propose going ahead with his takeover of the social media platform that $54.20 per share. Twitter jumped almost 13% to $47.93 before the stock was halted … Read more

US labor market starts to cool; job openings post biggest drop in nearly 2-1/2 years

Job openings fell 1.1 million to 10,053 million in August Healthcare, retail trade lead decline in vacancies Quits, layoffs, hiring increase moderately WASHINGTON, Oct 4 (Reuters) – US job openings fell by the most in nearly 2-1/2 years in August, suggesting that the labor market was starting to cool as the economy grapples with higher … Read more