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MORNING BID AMERICAS-11 weeks and counting
By Mike Dolan May 11 (Reuters) - What matters in U.S. and global markets todayBy Mike Dolan, Editor-at-Large, Finance and Markets The Iran conflict is entering its 11th week - more than twice the length of time indicated by President Donald Trump when he first ordered strikes on Iran - and t...
Reuters
Mon, May 11
HSBC lifts S&P 500 year-end target on earnings optimism
May 11 (Reuters) - HSBC has raised its year-end target for the benchmark S&P 500 .SPX index to 7,650 from 7,500 on Monday, citing resilient earnings growth.U.S. stocks have surged to record highs in recent weeks, driven by strong optimism around AI investments and expectations of robust earnings...
Reuters
Mon, May 11
CANADA STOCKS-TSX futures down after Trump rejects Iran proposal
TSX futures down 0.2%Oil rises, gold slips May 11 (Reuters) - Futures for Canada’s main stock index edged lower on Monday as U.S. President Donald Trump’s rejection of Iran’s response to a peace proposal left global markets worrying that the 10-week-old conflict will drag on.June futures on the ...
Reuters
Mon, May 11
INDIA STOCKS-India shares, rupee fall on Modi's call for austerity, crude price spike
By Bharath Rajeswaran May 11 (Reuters) - Indian shares fell on Monday and the rupee declined after Prime Minister Narendra Modi urged a spate of measures, including fuel conservation, fewer imports and gold purchases, as surging energy prices pressure foreign exchange reserves.India, the world...
Reuters
Mon, May 11
US STOCKS-U.S. stock futures subdued as talks with Iran stall
Futures: Dow up 0.02%, S&P 500 flat, Nasdaq up 0.03% May 11 (Reuters) - Wall Street futures were subdued on Monday, taking a breather after a record rally last week, as investors fretted over signs of stalled talks between the United States and Iran that pushed oil prices higher.U.S. Presiden...
Reuters
Mon, May 11
KKR Alternative Assets L.P. Announces Intention To Commence Cash Tender Offer
May 11 (Reuters) - KKR & Co Inc KKR.N:KKR ALTERNATIVE ASSETS L.P. ANNOUNCES INTENTION TO COMMENCE CASH TENDER OFFER FOR UP TO $150,000,000 IN AGGREGATE AMOUNT OF FS KKR CAPITAL CORP. COMMON STOCK AND A $150,000,000 CONVERTIBLE PREFERRED EQUITY COMMITMENT TO FS KKR CAPITAL CORP.KKR ALTERNATIVE AS...
Reuters
Mon, May 11
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
May 11 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN was down 1.7% to 76,015.28, while the broader NSE Nifty 50 index .NSEI declined 1.49% to 23,815.85, after Prime Minister Narendra Modi urged a spate of measures, including fuel conservation, fewer imports and gold purchases, as surging energ...
Reuters
Mon, May 11
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
May 11 (Reuters) - STOCKS:The benchmark BSE Sensex .BSESN was down 1.7% to 76,015.28, while the broader NSE Nifty 50 index .NSEI declined 1.49% to 23,815.85, after Prime Minister Narendra Modi urged a spate of measures, including fuel conservation, fewer imports and gold purchases, as surging energ...
Reuters
Mon, May 11
LIVE MARKETS-ECB hiking path in a credible escalation scenario
STOXX 600 down 0.1%U.S. dismisses Iran proposal to end warCrude ralliesU.S. futures steadyWelcome 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 ECB HIKING PATH IN A CREDIBLE ESCALATION...
Reuters
Mon, May 11
Hello Group to Report First Quarter 2026 Results on June 2, 2026
BEIJING, May 11, 2026 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) (the "Company"), a leading player in Asia's online social networking space, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2026 before U.S. markets open on...
PR Newswire
Mon, May 11
DIARY-Federal Reserve Events
Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2026June 16-17 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)July 28-29 (second day: statement released 1400 EDT...
Reuters
Mon, May 11
US stocks weekly: Silicon sprint
S&P 500 .SPX rises for sixth consecutive week, gains 2.3% on AI optimism, Middle East peace hopes .NDow .DJI inches up 0.2%, while tech-heavy Nasdaq Composite .IXIC, also up six weeks in a row, pops 4.5%That said, Nasdaq hits new highs as market breadth sends a warningIn any event, S&P 500 a...
Reuters
Mon, May 11
Destiny Tech100 set to extend rally on AI fervor, private tech demand
Shares of Destiny Tech100 DXYZ.N climb 9.8% premarket, set to extend gains after last week's rallyStock buoyed by AI enthusiasm and resilient demand for exposure to private tech leaders The company has become a proxy for retail investors to get access to companies such as SpaceX, Anthropic and O...
Reuters
Mon, May 11
LIVE MARKETS-Time to invest in defence?
STOXX 600 down 0.2%U.S. dismisses Iran proposal to end warCrude ralliesU.S. futures steadyWelcome 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 TIME TO INVEST IN DEFENCE? European aero...
Reuters
Mon, May 11
Honeywell Announces Quantinuum's Filing Of Registration Statement For Proposed Initial Public Offering
May 11 (Reuters) - Honeywell International Inc HON.O:HONEYWELL ANNOUNCES QUANTINUUM'S FILING OF REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING
Reuters
Mon, May 11
PREVIEW: Mosaic seen posting higher rev in results due before the bell Mon
Shares of Mosaic MOS.N down 1% on Fri, with co seen posting higher rev in qtrly results due before the bell on Mon Analysts expect MOS, a producer of concentrated phosphate and potash fertilizers, to post Q1 rev of $2.90 bln vs $2.62 bln, and adj EPS of $0.24 vs $0.49 yr-ago, per LSEG Inv...
Reuters
Mon, May 11
Space Stocks and Funds Rally as SpaceX IPO Draws Closer
Space stocks and funds rose as the anticipated IPO of SpaceX drew closer. Fundrise Innovation Fund rose 19%; Momentus rose 12%; Destiny Tech100 rose 9%; Sidus Space rose 8%; AST SpaceMobile rose 3%; Tema Space Innovators ETF and Boeing rose 2%.
Tiger News
Mon, May 11
HSBC lifts S&P 500 year-end target to 7,650
May 11 (Reuters) - HSBC has raised its S&P 500 .SPX index year-end target to 7,650 from 7,500 on Monday, citing resilient earnings growth.
Reuters
Mon, May 11
GLOBAL MARKETS-Stocks steady, dollar firms as US-Iran talks hit stalemate
Dollar up as US-Iran talks stumbleOil rallies, stocks flat other than techTrump to visit China this week with much at stake By Wayne Cole and Amanda Cooper SYDNEY/LONDON, May 11 (Reuters) - Stocks flatlined, while the dollar strengthened on Monday as investors fretted that talks between the U...
Reuters
Mon, May 11
Vipshop to Announce First Quarter 2026 Financial Results on May 21, 2026
GUANGZHOU, China, May 11, 2026 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading off-price retailer in China ("Vipshop" or the "Company"), today announced that it plans to release its first quarter 2026 financial results on Thursday, May 21, 2026, before the US mar...
PR Newswire
Mon, May 11
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