News
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Stocks
US STOCKS-Wall Street stocks edge lower with sentiment weakened by Moody's downgrade
Dow up 0.23%, S&P 500 down 0.02%, Nasdaq down 0.11%TXNM Energy gains after Blackstone dealNovavax jumps after coronavirus vaccine wins FDA approvalBy Chibuike Oguh May 19 (Reuters) - U.S. stocks were mostly lower in choppy trading on Monday with market sentiment weakened by the downgrade of t...Reuters
Mon, May 19
Other
Putin, Trump discussed 'impressive' prospects for US-Russia ties, Kremlin says
By Dmitry AntonovMOSCOW, May 19 (Reuters) - Vladimir Putin and Donald Trump discussed what the U.S. leader called "impressive" prospects for ties between their two countries in a phone call on Monday, the Kremlin said, adding that Russia and the United States are working on a new prisoner sw...Reuters
Mon, May 19
Indices
Dow Jones Industrial Average rebounds after Moody’s downgrades US debt
The Dow Jones Industrial Average (DJIA) gained ground to kick off the new trading week, touching 42,800 for the first time in eight weeks as markets continue to push equity markets back into the high end following this year’s tariff-fueled stock rout.Fxstreet
Mon, May 19
Stocks
Why TMC The Metals Company Skyrocketed Today
Shares of Vancouver-based TMC The Metals Company (NASDAQ: TMC) rocketed 22.7% higher on Monday as of 1:07 p.m. ET.The Metals Company was mentioned in a Wall Street Journal article this past weekend, highlighting an April 24 executive order from the Trump administration directing the National Oceanic...The Motley Fool
Mon, May 19
Commodities
CBOT corn ends higher in choppy trading
CHICAGO, May 19 (Reuters) - Chicago Board of Trade corn futures rose on Monday in choppy trading that held prices near the bottom end of their range, market analysts said.Corn futures ended higher in a technical and short-covering rebound, supported by a weaker U.S. dollar.Favorable Midwest crop con...Reuters
Mon, May 19
Commodities
Energy investor Five Point targets $2 billion from Northwind pipelines sale, sources say
By David FrenchMay 19 (Reuters) - The private equity owner of Northwind Midstream is exploring a potential sale of the Permian Basin gas infrastructure operator, with any deal expected to value the company at around $2 billion including debt, people familiar with the matter said.Five Point Infrastru...Reuters
Mon, May 19
Forex
SNB's Schlegel warns high market uncertainty 'poison' for growth
By John RevillLUCERNE, Switzerland, May 19 (Reuters) - Financial market uncertainty is currently "very high", which is "poison" for economic growth, Swiss National Bank chairman Martin Schlegel said on Monday.Speaking in the central city of Lucerne, Schlegel said the outlook for Swis...Reuters
Mon, May 19
Other
European, US leaders welcome Pope offer to host Russia-Ukraine talks, Italy's Meloni says
ROME, May 19 (Reuters) - European and U.S. leaders have welcomed Pope Leo XIV's readiness to host Russia-Ukraine talks at the Vatican, Italian Prime Minister Giorgia Meloni said on Monday.Meloni's office said European leaders, including Ukrainian President Volodymyr Zelenskiy, French Preside...Reuters
Mon, May 19
Other
EU's von der Leyen says EU leaders and Zelenskiy were debriefed by Trump on Putin call
PARIS, May 19 (Reuters) - European Commission President Ursula von der Leyen said in a statement on Monday that she and other EU leaders as well as Ukrainian President Volodymyr Zelenskiy had received a debriefing from President Donald Trump following his call with Russia's President Vladimir Pu...Reuters
Mon, May 19
Other
Zelenskiy says meeting of leaders of Ukraine, Russia, US, EU and UK under consideration
KYIV, May 19 (Reuters) - President Volodymyr Zelenskiy said on Monday that Kyiv and its partners were considering setting up a meeting of the leaders of Ukraine, Russia, the United States, European Union countries and Britain as part of a push to end Moscow's war in Ukraine. Speaking to reporter...Reuters
Mon, May 19
Other
Europeans to up pressure on Russia with sanctions after Trump-Putin call, Germany says
BERLIN, May 19 (Reuters) - European leaders agreed to increase pressure on Russia through sanctions after U.S. President Donald Trump briefed them on his call with Russian President Vladimir Putin, a German government spokesperson said."The U.S President and the European partners agreed on the n...Reuters
Mon, May 19
Other
US Commerce Secretary Lutnick transfers Cantor Fitzgerald stakes to children
May 19 (Reuters) - Wall Street firm Cantor Fitzgerald said on Monday that U.S. Commerce Secretary Howard Lutnick agreed to transfer his stake in the firm to his children and a group of investors, and divested assets in two subsidiaries, complying with his U.S. government ethics agreement. Lutnic...Reuters
Mon, May 19
Economic Indicator
What to Watch in the Day Ahead - Tuesday, May 20
Home Depot is expected to post a rise in first-quarter revenue as solid demand from professional contractors offset a slowdown in spending on big-ticket renovation projects. Investors will look out for any comments on demand recovery, impact from Chinese tariffs and potential price hikes.JPMorgan Ch...Reuters
Mon, May 19
Other
EXPLAINER-Trump is targeting Temporary Protected Status. What is it?
By Ted Hesson WASHINGTON, May 19 (Reuters) - The U.S. Supreme Court allowed Donald Trump's administration on Monday to terminate the Temporary Protected Status of about 350,000 Venezuelans living in the U.S. Trump has sought to end the status for Venezuelans, Haitians, Afghans and others. ...Reuters
Mon, May 19
Other
Harris Dickinson's directorial debut at Cannes born of gut feeling
Dickinson's debut film 'Urchin' premieres at CannesFirst-time director prepared by visiting shelters, prisonFilm up against those from Kristen Stewart, Scarlett JohanssonBy Hanna Rantala CANNES, France, May 19 (Reuters) - British actor Harris Dickinson, who made a name for himself in ...Reuters
Mon, May 19
Other
Putin welcomed US-Iran dialogue in call with Trump, Kremlin aide says
MOSCOW, May 19 (Reuters) - Russian President Vladimir Putin welcomed progress in talks between the U.S. and Iran on Tehran's nuclear program during a conversation with U.S. President Donald Trump on Monday, Kremlin aide Yuri Ushakov said, and offered Russia's help.Ushakov said Putin also wel...Reuters
Mon, May 19
Economic Indicator
Fed's Kashkari says investor confidence key to government debt challenge
May 19 (Reuters) - Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday investor confidence is key to how the government navigates high levels of deficit spending. “Right now there's a question mark being raised about, what is the U.S. long-term competitive position going t...Reuters
Mon, May 19
