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Commodities
CBOT corn on smaller U.S. yield outlook, higher soybeans
CHICAGO, Oct 8 (Reuters) - Chicago Board of Trade corn futures firmed on Wednesday in range-bound trading, supported by forecasts for smaller U.S. harvest yields and spillover support from rising soybean futures, analysts said.Losses were limited by expectations for a record-large U.S. crop, despite...Reuters
Wed, Oct 8
Commodities
Canada floated Keystone XL revival in tariff discussion with Trump, source says
Discussions at early phase, unclear whether any company would build the projectKeystone XL faced environmental, Indigenous opposition, canceled by President Joe BidenBy Amanda Stephenson CALGARY, Oct 8 (Reuters) - Canadian Prime Minister Mark Carney raised the prospect of reviving the Keystone XL...Reuters
Wed, Oct 8
Other
RBC CEO says Canada has been too risk averse for too long
CALGARY, Oct 8 (Reuters) - Royal Bank of Canada RY.TO CEO Dave McKay on Wednesday said Canada had been too risk-averse for too long and said what he called excessive caution had resulted in protracted project approval time lines."What are we afraid of? We're afraid of making a mistake ... we...Reuters
Wed, Oct 8
Other
Suspect charged with igniting deadly Los Angeles Palisades Fire
By Sarah N. Lynch and Jonathan Allen WASHINGTON, Oct 8 (Reuters) - A man was arrested in Florida on charges of intentionally igniting what would become California's devastating Palisades Fire, which killed 12 people and wiped out a wealthy enclave of Los Angeles at the start of the year, the ...Reuters
Wed, Oct 8
Indices
Dow Jones Industrial Average looks for bullish footing on Wednesday
The Dow Jones Industrial Average (DJIA) tilted back into the bullish side on Wednesday, recovering recently lost ground and retesting the 46,800 level as major indexes look to reestablish their top-heavy stance.Fxstreet
Wed, Oct 8
Economic Indicator
Former heads of US Bureau of Labor Statistics say Trump's attacks erode trust in data
BLS loses senior leaders as Trump targets agency's integrityAbout 12 of 35 senior leaders have left amid Trump's criticismModernizing data collection suggested to improve response ratesBy Lucia Mutikani WASHINGTON, Oct 8 (Reuters) - President Donald Trump's unwarranted attacks on the ...Reuters
Wed, Oct 8
Commodities
US airlines say it is 'imperative' FAA get quick wins in air traffic overhaul
Airlines say FAA should speed airspace modernization design, eliminate paper stripsFAA should condense air traffic controller training timeFAA has faced criticism for prior modernization effortsBy David Shepardson WASHINGTON, Oct 8 (Reuters) - A group representing major U.S. airlines said it is i...Reuters
Wed, Oct 8
Cryptocurrencies
General Motors replaces lost $7,500 EV credit with $6,000 lease support
General Motors (GM) has ended a program that was built to keep its dealers offering a $7,500 federal tax credit on electric vehicle leases beyond the September 30 cutoff. Instead, the company announced on Wednesday it would backstop lease deals with about $6,000 in support through its finance arm. The change followed the official expiration […]Cryptopolitan
Wed, Oct 8
Commodities
Chevron expects Hess acquisition to outperform targets, CEO tells employees
HOUSTON, Oct 8 (Reuters) - Chevron CVX.N CEO Mike Wirth told employees on Wednesday that he believes the company will outperform publicly-stated financial targets given to investors following the acquisition of smaller oil producer Hess.Upon closing the $55-billion purchase of Hess in July, Chevron ...Reuters
Wed, Oct 8
Other
U.S. RESEARCH ROUNDUP- AGCO, Caterpillar, United Rentals
Oct 8 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including AGCO, Caterpillar and United Rentals, on Wednesday. HIGHLIGHTS* AGCO Corp AGCO.N: Jefferies cuts target price to $125 from $135* Caterpillar Inc CAT.N: Jefferies rais...Reuters
Wed, Oct 8
Commodities
Carney says he had 'meeting of minds' with Trump on steel, aluminum
OTTAWA, Oct 8 (Reuters) - Canadian Prime Minister Mark Carney on Wednesday said he had "a meeting of minds" with U.S. President Donald Trump on the future of the steel and aluminum sectors as well as on energy sector cooperation."(This) is why our teams are negotiating the terms of those...Reuters
Wed, Oct 8
Other
Soccer-Egypt become third African country to qualify for World Cup
Easy win over Djibouti puts Egypt into World Cup finalsCape Verde close to securing their fairytale berthAway success for Ghana means they need one point from last fixtureBy Mark GleesonCAPE TOWN, Oct 8 (Reuters) - Egypt sauntered into the World Cup finals with a 3-0 win over Djibouti on Wednesday, ...Reuters
Wed, Oct 8
Other
Caretaker French PM: pensions a major blocking point in government formation talks
PARIS, Oct 8 (Reuters) - Caretaker French Prime Minister Sebastien Lecornu said on Wednesday that President Emmanuel Macron's contested pension reform was one the biggest blocking points in negotiations to form a new government. "We need to find a way so that a debate can occur on pension...Reuters
Wed, Oct 8
Other
Advantix-maker Elanco must face some price-fixing claims over flea, tick products
By Mike Scarcella Oct 8 (Reuters) - A U.S. judge has narrowed a consumer lawsuit accusing animal health giant Elanco ELAN.N of monopolizing the market for some flea and tick treatments, causing dog and cat owners to pay higher prices for the company’s Advantix products.In a ruling on Wednesday, U...Reuters
Wed, Oct 8
Economic Indicator
What to Watch in the Day Ahead - Thursday, October 9
PepsiCo is expected to post a rise in third-quarter revenue, helped by steady demand for its sodas and snacks as well as some higher prices. Investors will watch out for an update on the company's venture into protein beverages as well as its broader growth strategy amid pressure from activist i...Reuters
Wed, Oct 8
Cryptocurrencies
Can The Bitcoin Price Explode To $200,000? The Gold Chart That Tells It All
Bitcoin has shown renewed strength on the weekly timeframe by resuming a steady uptrend that began earlier in the year. After several weeks of ranging between $110,000 and $120,000, Bitcoin is now on intense momentum supported by institutional demand, which has led to a new all-time high in the past...NewsBTC
Wed, Oct 8
Featured Tools
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Market Movers
Palo Alto Networks Inc Stock (PANW) Closed Down by 3.01% on May 19: What Signal Does It Send?
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Cisco Systems Inc Stock (CSCO) Closed Down by 3.06% on May 19: What Investors Need To Know
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