
US Stock Futures Stay Flat as Earnings Reports Loom
Oct 23, 2024 09:08 am UTC| Economy
Overview of US Stock Futures US stock futures were largely flat on Wednesday as investors prepared for a wave of quarterly earnings reports, including Tesla. As of 03:31 ET (07:31 GMT), the Dow futures were down 115...

ECB Considers Deeper Interest Rate Cuts Amid Stagnant Economy
Oct 23, 2024 08:50 am UTC| Economy
ECB Reassesses Interest Rates as Economic Recovery Stalls The European Central Bank (ECB) is discussing whether to cut interest rates below neutral levels to stimulate the Eurozones faltering economy, according to...

U.S. Oil Inventory Build Pressures Crude Prices Amid Middle East Tensions
Oct 23, 2024 08:42 am UTC| Economy
Oil Prices Dip on Rising U.S. Inventories and Middle East Tensions Oil prices declined during Asian trading on Wednesday following an unexpected increase in U.S. oil inventories. Meanwhile, global attention remained on...

Frontier Airlines Explores Spirit Airlines Acquisition Amid Bankruptcy Talks
Oct 23, 2024 08:36 am UTC| Economy
Frontier Airlines Eyes Spirit Takeover Amid Bankruptcy Discussions Frontier Airlines is reportedly considering another bid to acquire Spirit Airlines, as Spirit negotiates with debtholders over a potential bankruptcy...

McDonald’s Faces E. Coli Outbreak Linked to Quarter Pounder: 1 Death, 10 Hospitalized
Oct 23, 2024 08:30 am UTC| Economy
McDonalds Hit by E. Coli Outbreak Linked to Quarter Pounders McDonalds Corporation saw its stock drop 9% in after-hours trading on Tuesday following a Centers for Disease Control and Prevention (CDC) announcement...

Asian Stocks Struggle Amid U.S. Treasury Yield Surge, Hong Kong Outperforms
Oct 23, 2024 04:54 am UTC| Economy
Asian Stocks Mixed as U.S. Treasury Yields Rise Asian stocks performed mixed on Wednesday, as rising U.S. Treasury yields and uncertainty around the upcoming U.S. presidential election kept investors cautious. Most...

S&P 500 Positioning Hits Three-Year High: Market Trends and Risks
Oct 22, 2024 09:17 am UTC| Economy
SP 500 Positioning at Three-Year High: Market Risks and Global Trends Positioning in the SP 500 has reached a three-year high, according to Citi strategists. This extended positioning contrasts with other global...