November 2024 – Page 124 – Best Day Investing

Fed seen on course for rate cuts after weak jobs data

By Ann Saphir (Reuters) – Any doubts the Federal Reserve will go ahead with an interest-rate cut next week fell away on Friday after a government report showed U.S. employers…

November 1, 2024

Economy

China eases rules for foreign investment in listed companies

BEIJING (Reuters) – China issued revised regulations on Friday for foreign investors in its listed companies, expanding eligibility criteria and easing financial requirements in a bid to attract more foreign…

November 1, 2024

Economy

Weak US Oct payrolls growth skewed by storms, strikes

(Reuters) -U.S. job growth slowed sharply in October amid disruptions from hurricanes and strikes by aerospace factory workers, but the unemployment rate held steady at 4.1%, offering assurance that the…

November 1, 2024

Economy

UK gilt market faces worst week in months as budget rattles investors

By Yoruk Bahceli, Amanda Cooper and Harry Robertson LONDON (Reuters) -Short-term British government borrowing costs headed for their biggest weekly jump in over a year on Friday, while the pound…

November 1, 2024

Stock

Cboe’s quarterly profit rises on strong hedging activity

(Reuters) – Cboe Global Markets (NYSE:CBOE) reported a rise in third-quarter profit on Friday, driven by strong options trading as investors actively hedged against geopolitical and economic uncertainties. A robust…

November 1, 2024

Stock

Anything other than a Trump win ‘could see these trades suffer some volatility’

Investing.com — Barclays analysts suggested in a note Friday that while markets have largely priced in a Trump victory, uncertainty remains high due to close polling results. According to Barclays, “betting…

November 1, 2024

Stock

Abbott and Reckitt unit secure win in infant formula trial

By Brendan Pierson (Reuters) -Abbott and Reckitt’s unit Mead Johnson are not responsible for a young boy’s debilitating intestinal disease, a jury found on Thursday in a lawsuit that accused…

November 1, 2024

Stock

Amazon, Intel, Chevron and Boeing rise premarket; Apple falls

Investing.com — US stock futures rose Friday, as investors digested more earnings from the vital tech sector ahead of the crucial monthly jobs report. Here are some of the biggest…

November 1, 2024

Stock

Pipeline operator Enbridge’s Q3 profit more than doubles on steady oil demand

(Reuters) -Enbridge posted a more than twofold jump in its third-quarter profit on Friday, as the Canadian pipeline operator benefited from steady oil demand. Data from the U.S. Energy Information…

November 1, 2024

Stock

Earnings call: Galapagos reports solid Q3 progress, eyes IND studies

Galapagos NV (NASDAQ:GLPG) has announced its third-quarter financial results, revealing a strong cash position and progress across its clinical development pipeline. The company has confirmed its cash burn guidance and…

November 1, 2024