A look at the day ahead in European and global markets from Tom WestbrookTech stocks headed for a wobbly finish… Morning Bid: The AI dip may not be done Read more
Markets
Global equity fund inflows jump to a five-week high
Nov 7 (Reuters) – Global equity funds saw a surge in inflows in the week through November 5 as investors,… Global equity fund inflows jump to a five-week high Read more
Novo Nordisk, Lilly shares slip on US drug pricing deal
SummaryCompaniesNovo Nordisk, Eli Lilly agree to lower GLP-1 drug prices in USAnalysts see short-term revenue hit, long-term volume boostFDA weighs… Novo Nordisk, Lilly shares slip on US drug pricing deal Read more
AI rally fears and China trade woes chill stocks
SummaryCompaniesAsian markets hit by negative China export dataSentiment shifting for AI rally; Softbank tanksUS stock futures lowerLONDON, Nov 7 (Reuters)… AI rally fears and China trade woes chill stocks Read more
Democrats' potential resurgence puts investors on watch for policy shifts
Nov 7 (Reuters) – Democratic victories this week have caught investors’ attention, signaling a potential comeback after the party’s bruising… Democrats' potential resurgence puts investors on watch for policy shifts Read more
Wall Street falls as concerns over economy, tech valuations weigh
SummaryCompaniesIndexes down: Dow 0.30%, S&P 500 0.69%, Nasdaq 1.21%Tesla shareholders approve $1 trillion CEO pay packageExpedia jumps after annual revenue… Wall Street falls as concerns over economy, tech valuations weigh Read more
Canada's Ivey PMI shows activity expanding at slower pace in October
TORONTO, Nov 6 (Reuters) – Canadian economic activity expanded at a slower pace in October as a measure of prices… Canada's Ivey PMI shows activity expanding at slower pace in October Read more
US holiday sales set to top $1 trillion for the first time, NRF forecasts
Nov 6 (Reuters) – U.S. holiday sales are expected to surpass $1 trillion for the first time, the National Retail… US holiday sales set to top $1 trillion for the first time, NRF forecasts Read more
Investors bet on 'joy postponed' with a BoE cut in December
SummaryCompaniesPolicymakers voted 5-4 to keep rates at 4%Analysts had expected a 6-3 split in favour of no move Focus turns… Investors bet on 'joy postponed' with a BoE cut in December Read more
UK companies' job sentiment hits 5-year low, BoE survey shows
CompaniesBank of EnglandFollowLONDON, Nov 6 (Reuters) – British companies’ expectations for employment in the year fell last month for the… UK companies' job sentiment hits 5-year low, BoE survey shows Read more