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Wall St to open subdued ahead of labor data; Powell signals modest rate cuts

US STOCKS-Wall St to open subdued ahead of labor data; Powell signals modest rate cuts For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Aug JOLTS report, Sept. ISM survey due at 10 a.m. ET Boeing slips after report of weighing capital raise Port strike halts half of ocean shipping, retailers unchanged Futures: Dow off 0.29%, S&P 500 off 0.10%, Nasdaq up 0.01% Updated at 8:36 a.m.
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Wall St to open subdued ahead of labor data; Powell signals modest rate cuts

US STOCKS-Wall St to open subdued ahead of labor data; Powell signals modest rate cuts For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Aug JOLTS report, Sept. ISM survey due at 10 a.m. ET Boeing slips after report of weighing capital raise Port strike halts half of ocean shipping, retailers unchanged Futures: Dow off 0.29%, S&P 500 off 0.10%, Nasdaq up 0.01% Updated at 8:36 a.m.
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Cellnex Appoints Oscar Fanjul As New Chair Of Board Of Directors

BRIEF-Cellnex Appoints Oscar Fanjul As New Chair Of Board Of Directors Oct 1 (Reuters) - Cellnex Telecom SA CLNX.MC : CHANGES ITS NON-EXECUTIVE CHAIRMAN APPOINTS OSCAR FANJUL MARTIN AS NEW CHAIR OF BOARD OF DIRECTORS Source text for Eikon: ID:nCNM1kgTCJ Further company coverage: CLNX.MC (Gdansk Newsroom)
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Over 1.7 million US customers still without power from Hurricane Helene

FACTBOX-Over 1.7 million US customers still without power from Hurricane Helene Oct 1 (Reuters) - Over 1.7 million homes and businesses were still without power in the U.S. Southeast and Midwest on Monday after Helene slammed into the Florida Panhandle as a major hurricane on Sept. 26, according to data from PowerOutage.us. Those outages were down from around 2.0 million on Monday afternoon as utilities continued to restore power.

Clorox gains as Jefferies upgrades to 'buy', raises PT

BUZZ-Clorox gains as Jefferies upgrades to 'buy', raises PT ** Shares of bleach maker Clorox CLX.N up 1.3% at $165.09 premarket ** Jefferies lifts rating on stock to "buy" from "hold" ** Raises PT from $174 to a Street high of $187, a 14.8% upside to last close ** "... we expect Clorox to return to its past, a company delivering peer-leading economic profit growth and return on capital," Jefferies analyst Kaumil Gajrawala writes ** On track to fully restore U.S.
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STMicroelectronics And Qualcomm Partner In Wireless IOT

BRIEF-STMicroelectronics And Qualcomm Partner In Wireless IOT Oct 1 (Reuters) - STMicroelectronics NV STMPA.PA : STMICROELECTRONICS AND QUALCOMM ENTER STRATEGIC COLLABORATION IN WIRELESS IOT INITIAL PRODUCTS FROM COLLABORATION EXPECTED TO BE AVAILABLE TO OEMS IN Q1 2025 WIRELESS CONNECTIVITY TO REDUCE DEVELOPMENT TIME AND TIME-TO-MARKET ST PLANS TO
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Oil majors restart talks with Kazakh government on $5 bln Kashagan sulfur fine - Bloomberg News

MEDIA-Oil majors restart talks with Kazakh government on $5 bln Kashagan sulfur fine - Bloomberg News -- Source link: https://tinyurl.com/5dmcjkyy -- Note: Reuters has not verified this story and does not vouch for its accuracy
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HSBC cuts oil price forecasts for 2024 and 2025

FACTBOX-HSBC cuts oil price forecasts for 2024 and 2025 Updates Sept. 16 FACTBOX with HSBC forecasts, quotes and context Oct 1 (Reuters) - HSBC has lowered its annual oil price forecasts for this year and next, citing a possible increase in OPEC+ oil production later this year that would push the market into surplus in 2025. "Judging by the fall in oil prices, the market had expected another extension - indeed we thought the unwinding would be more likely to start on 1 April 2025. The earlier re
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TotalEnergies, APA greenlight $10 bln oil and gas project in Suriname

UPDATE 1-TotalEnergies, APA greenlight $10 bln oil and gas project in Suriname Adds quotes, details, context in paragraphs 3-6 By Ank Kuipers PARAMARIBO, Oct 1 (Reuters) - France's TotalEnergies TTEF.PA and U.S. APA Corp APA.O on Tuesday announced a positive investment decision for Suriname's most promising oil and gas project, Block 58, which is expected to inaugurate the nation's offshore output.

As U.S. stock bulls run, can animal spirits keep pace?

LIVE MARKETS-As U.S. stock bulls run, can animal spirits keep pace? U.S. equity index futures mixed, little changed Euro STOXX 600 index up ~0.4% Dollar, gold gain; bitcoin slips; crude down >1% U.S. 10-Year Treasury yield falls to ~3.74% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com AS U.S.
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Canadian dollar unchanged, benchmark yield slips

CANADA FX DEBT - Canadian dollar unchanged, benchmark yield slips The Canadian dollar was unchanged against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading is unchanged at C$1.3524 to the greenback, or 73.94 U.S. cents, after trading in a range of 1.3517 to 1.3539. Canadian government 10-year bond yields CA10YT=RR fell 1.7 basis points to 2.939%.
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Sheinbaum to be sworn in as first woman president in Mexican history

Sheinbaum to be sworn in as first woman president in Mexican history By Diego Oré MEXICO CITY, Oct 1 (Reuters) - Claudia Sheinbaum will make history on Tuesday when she is sworn in as Mexico's first woman president, while inheriting challenges to quell violence from organized crime and reduce a hefty deficit in Latin America's No. 2 economy. Sheinbaum, the 62-year-old scientist and former mayor of Mexico City, will be inaugurated at a ceremony in Mexico's Congress for a six-year term lasting un
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Volkswagen's Audi says no suitable buyer so far for Brussels plant

Volkswagen's Audi says no suitable buyer so far for Brussels plant BERLIN, Oct 1 (Reuters) - Volkswagen's VOWG_p.DE luxury division Audi has so far not found a potential suitor for its plant in Brussels that was put under review in July, saying none of the 26 potential buyers it held talks with was prepared to take on the roughly 3,000 staff. "Unfortunately, there is currently no concept that will secure jobs at the site in the long term," Gerd Walker, Audi's board member in charge of production
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Dieselgate trial of former VW chief suspended due to ailing health

UPDATE 1-Dieselgate trial of former VW chief suspended due to ailing health Adds lawyer's comment By Christina Amann BERLIN, Germany, Oct 1 (Reuters) - The criminal trial of former Volkswagen Chief Executive Martin Winterkorn over the so-called dieselgate scandal has been suspended due to his poor health, a court in Braunschweig said on Tuesday. All hearings have been cancelled because Winterkorn, who was toppled from the helm of the company in 2015 after it emerged that millions of Volkswagen c
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AMN Healthcare Services falls as CFO steps down

BUZZ-AMN Healthcare Services falls as CFO steps down ** Shares of AMN Healthcare Services AMN.N fall ~1.4% to $41.79 premarket ** Co says Jeffrey Knudson will step down from his role as Chief Financial Officer on Nov. 8 to pursue another opportunity with a private company ** AMN expects to announce a new finance chief before Knudson's departure **

Cocoa steadies after sharp slide; coffee, sugar off recent peaks

SOFTS-Cocoa steadies after sharp slide; coffee, sugar off recent peaks LONDON, Oct 1 (Reuters) - Cocoa futures on ICE steadied on Tuesday following sharp falls in the prior session, while coffee and sugar remained some way off their recent peaks amid forecasts for rains in Brazil. SUGAR * March raw sugar SBc1 edged up 0.3% to 22.52 cents per lb by 1214 GMT, but was still some way off last week's 7-month peak.
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Health insurers unveil Medicare Advantage plans for 2025

UPDATE 1-Health insurers unveil Medicare Advantage plans for 2025 Adds details from Centene and Humana's plans in paragraphs 6 and 9 Oct 1 (Reuters) - Health insurers Cigna CI.N , CVS Health CVS.N , Humana HUM.N and Centene CNC.N on Tuesday released details on their government-backed health insurance plans for next year for people aged 65 and above. The announcements come ahead of the beginning of enrollment for Medicare Advantage plans on October 15, which will continue through December 7. Medi
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Owner of Harry's Bar demands Venice tackle speeding boats and 'damaging waves'

Owner of Harry's Bar demands Venice tackle speeding boats and 'damaging waves' By Francesca Piscioneri ROME, Oct 1 (Reuters) - The owner of Harry's Bar, a Venetian bar and restaurant frequented by Ernest Hemingway, has filed a legal complaint demanding city authorities do more to stop boats speeding through canals and causing damaging high waves. Venice has long been threatened by flooding and "moto ondoso", the erosion of its buildings by waves.

Firms substituting cheaper aluminium for copper, trend growing

LMEWEEK-Firms substituting cheaper aluminium for copper, trend growing By Eric Onstad LONDON, Oct 1 (Reuters) - Some companies in Asia and Europe are starting to substitute cheaper aluminium wire for copper and the trend is due to gain momentum as copper prices are expected to see further gains, consultancy CRU said on Tuesday. "Over the past year we have been seeing rapidly growing interest, people are putting two and two together," CRU analyst Aisling Hubert told an event during London Metal E

Top of the Street: Worldline, AB InBev, Kering, Getlink, European utilities

BUZZ-Top of the Street: Worldline, AB InBev, Kering, Getlink, European utilities A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Jefferies upgrades French payments group Worldline WLN.PA to "hold" from "underperform" saying it believes the market is already pricing in most of the downside, including the likely need for more restructuring ** Citi ups brewer Anheuser-Busch Inbev ABI.BR to "buy" from "neutral" saying tight cost control could help expand mar
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Companies have planned for US East Coast ports strike

RPT-FACTBOX-Companies have planned for US East Coast ports strike Repeats story first published on 1 Oct Oct 1 (Reuters) - Some 45,000 union workers walked off the job at seaports on the U.S. East and Gulf Coasts on Oct. 1, cutting off vital trade arteries just weeks ahead of the nation's presidential election . The International Longshoremen's Association (ILA) union, which represents dockworkers across 36 ports on the U.S.
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