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US Futures Gain as Focus Turns From Debate to Data: Markets Wrap
(Bloomberg) — US equity futures rose as investors’ focus turned from the presidential debate to upcoming price data that may solidify the case for lower interest rates. Most Read from Bloomberg Contracts on the S&P 500 and Nasdaq 100 advanced, suggesting this week’s rally on Wall Street is set to continue. Both indexes are on […]
Biden, Trump’s age and fitness in focus in early debate faceoff
By Helen Coster, Joseph Ax and James Oliphant ATLANTA (Reuters) -Democratic President Joe Biden and his Republican predecessor, Donald Trump, square off on Thursday at an unusually early debate that will offer voters a side-by-side look at the two oldest candidates ever to seek the country’s highest office. The 90-minute televised debate, the first between […]
Biden shouldn’t focus on his White House successes at the debate because nobody cares, advisors say
Biden needs to spend his debate time attacking Trump‘s economic policies, sources told CNN. The top Democrat sources told CNN that voters just don’t care about what Biden has accomplished. Polls show more Americans trust Trump on the economy and inflation — the biggest issues for voters. Joe Biden’s advisors say he should spend more […]
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FedEx Earnings Upcoming, With Focus On Outlook. UPS Swings $1 Billion Deal With RXO.
RXO (RXO) stock surged early Monday after the company announced Sunday it would purchase UPS‘ (UPS) Coyote Logistics, the company’s freight-brokerage business, for slightly more than $1 billion. The deal comes just days before rival FedEx (FDX) closes the door on fiscal 2024 with fourth-quarter earnings. ↑ X NOW PLAYING With The Nasdaq Stretched, Here’s […]
Futures mixed as inflation data, presidential debate in focus
(Reuters) – U.S. index futures were mixed at the start of a week marked with a crucial inflation print and other economic data that are poised to shed further light on the monetary policy outlook, with the first U.S. presidential debate also on the watch list. The biggest event on investors’ radar for the week […]
Asian Currencies in Focus as Japan Warns on Yen: Markets Wrap
(Bloomberg) — A gauge of Asian currencies slipped for a third session, kicking off a week that includes measures of inflation that may help guide bets on the outlook for global interest rates. The yen was steady after Japan’s top currency official ratcheted up intervention rhetoric. Most Read from Bloomberg An index for the region’s […]