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Stocks
US STOCKS-Wall Street futures slip after Trump's steel, aluminum tariff threats
Futures down: Dow 0.52%, S&P 500 0.57%, Nasdaq 0.73% June 2 (Reuters) - U.S. stock index futures dipped on Monday after President Donald Trump announced plans to double tariffs on imported steel and aluminum, amplifying concerns about trade- and tariff-related volatility.Trump said on late Fr...
Reuters
Mon, Jun 2
Other
Digital banking startup Chime, shareholders aim to raise $832 million in US IPO
June 2 (Reuters) - Chime and some existing stockholders are aiming to raise as much as $832 million in an initial public offering in the U.S., the digital banking startup said on Monday.
Reuters
Mon, Jun 2
Other
Defense and space firm Voyager aims to raise $319 million in US IPO
June 2 (Reuters) - Defense and space tech company Voyager Technologies aims to raise $319 million in its New York Stock Exchange listing, the company revealed in a filing on Monday.
Reuters
Mon, Jun 2
Other
Poland's Pekao, PZU sign memorandum for potential merger
June 2 (Reuters) - Polish bank Pekao PEO.WA has signed a memorandum with insurer PZU PZU.WA to prepare a potential merger deal to create one of the biggest financial institutions in Europe.Ahead of the potential deal, PZU would be split into a holding company and a wholly-owned unit running its oper...
Reuters
Mon, Jun 2
Other
German cartel office criticizes use of price control mechanisms by Amazon
BERLIN, June 2 (Reuters) - Germany's federal cartel office on Monday expressed concern about Amazon's AMZN.O use of so-called price control mechanisms, saying in a statement that "this could constitute an abuse under the special provisions for large digital companies."A spokesperson ...
Reuters
Mon, Jun 2
Other
Ethiopian Airlines considering order for at least 20 regional jets, CEO says
By Shivansh TiwaryNEW DELHI, June 2 (Reuters) - Ethiopian Airlines is looking to order at least 20 regional or small narrowbody jets as it moves to expand its domestic fleet and replace some ageing aircraft, the airline's chief executive told Reuters on Monday. "We are evaluating three ai...
Reuters
Mon, Jun 2
Stocks
LIVE MARKETS-All European sectors added in May, but cyclicals outshone defensives
STOXX 600 down 0.4%Trade policy uncertainty weighsPolish stocks lead way lowerWall St futures inch lowerWelcome 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.comALL EUROPEAN SECTORS UP IN MAY,...
Reuters
Mon, Jun 2
Other
Ukrainians, Russians enter Istanbul venue for peace talks
ISTANBUL, June 2 (Reuters) - Ukrainian and Russian delegations arrived at Istanbul's Ciragan Palace, along with senior Turkish officials, for their second round of direct peace talks in three years on Monday. The delegations arrived in cars and entered the venue, the Russians mostly wearing suit...
Reuters
Mon, Jun 2
Commodities
EXPLAINER-How flesh-eating screwworms in cattle could raise US beef prices
By Heather Schlitz CHICAGO, June 2 (Reuters) - New World Screwworm, a devastating parasite that eats cattle and other wild animals alive, is traveling north from Central America to Mexico and has crept past biological barriers that kept the pest contained for decades, experts said.Washington halt...
Reuters
Mon, Jun 2
Other
ANALYSIS-Trump tax bill poses limited benefits, higher costs for lower-income Americans
By David Morgan WASHINGTON, June 2 (Reuters) - U.S. President Donald Trump's signature tax break on tips promises relatively few upsides for low-income Americans, who face a net loss of income under his massive tax and spending bill in Congress, analysts say.The new tax break is one of severa...
Reuters
Mon, Jun 2
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025June 17-18 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)July 29-30 (second day: statement released 1400 EDT/18...
Reuters
Mon, Jun 2
Stocks
RPT-From TACO to FAFO, investors love parodies of Trump acronyms
Acronyms reflect volatility and uncertainty in Trump-era marketsInvestment strategies capitalize on Trump's policies and international goalsAcronyms like TACO and MEGA highlight market reactions to Trump's actionsBy Stephen Culp and Suzanne McGeeNEW YORK, May 30 (Reuters) - Four months into ...
Reuters
Mon, Jun 2
Other
EXCLUSIVE-Tesla executives questioned Musk after he denied killing $25,000 EV project - sources
Musk had already canceled the so-called Model 2 despite public denial, executives saidSome Tesla executives expressed concern Musk was deceiving investors about a low-cost EVTesla now plans more affordable, stripped-down versions of the Model 3 and Model YBy Rachael Levy June 2 (Reuters) - Some s...
Reuters
Mon, Jun 2
Stocks
BREAKINGVIEWS-Peak data growth is a quiet win for telcos
By Jennifer Johnson LONDON, June 2 (Reuters Breakingviews) - Companies usually rejoice when customers want more of what they’re selling. In telecom land, though, meeting future demand typically requires massive upfront investments from the likes of Verizon VZ.N and Vodafone VOD.L, which haven’t a...
Reuters
Mon, Jun 2
Stocks
US stocks weekly: Topsy-turvy
** S&P 500 .SPX rises 1.9% amid tariff whiplash .N** Dow .DJI gains 1.6%, Nasdaq Composite .IXIC up 2%** Earlier in week, S&P 500 index leaps after Trump tariff reprieve, and then Nasdaq pops as court blocks Trump's proposed tariffs, before appeals court reinstates** Stocks then chopped ...
Reuters
Mon, Jun 2
Stocks
RPT-COLUMN-ECB faces surging euro conundrum: Mike Dolan
By Mike Dolan LONDON, June 2 (Reuters) - While the European Central Bank keeps cutting interest rates, the euro keeps rising, as a transatlantic capital reversal upends relative rate shifts and threatens to force the ECB into further easing. The ECB is widely expected to lower its main borrowing ...
Reuters
Mon, Jun 2
Stocks
How Much Money Can You Expect From Social Security?
Social Security benefits are likely going to be an important source of funds for you when you are no longer getting a paycheck. Most retirees rely on them to provide at least some of their income in their later years. Because of that, it's important to understand how much money you are likely to get...
The Motley Fool
Mon, Jun 2
Economic Indicator
Trump to double tariffs on Steel and Aluminium – ING
Trump said he would increase tariffs on Steel and Aluminium to 50% from 25%, effective 4 June. He made the announcement as he visited a US Steel Corp. plant on Friday.
Fxstreet
Mon, Jun 2
Other
Merz will push for 'fair ceasefire' in Ukraine during US visit, Berlin says
BERLIN, June 2 (Reuters) - German Chancellor Friedrich Merz will push for a "fair ceasefire" in Ukraine during his first in-person meeting with U.S. President Donald Trump in Washington on Thursday, a German government spokesperson said."The government's objectives are clear and the ...
Reuters
Mon, Jun 2
Stocks
Gold miners gain amid renewed trade and geopolitical tensions
** U.S.-listed shares of gold miners rise premarket, tracking jump in bullion prices GOL/** Spot gold XAU= up 1.8% at $3,346.74/ounce, after hitting its highest level since May 23, earlier in the session ** Gold prices rise as renewed U.S. tariff threats from President Donald Trump and escalating te...
Reuters
Mon, Jun 2
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