Sunday, October 1, 2023

USA-Stocks will continue on Wall Street (updated) – 09/19/2023 at 2:18 p.m.

(Updated with index futures, Intel and CVS, pre-share prices) PARIS, Sept 19 (Reuters) – Major stocks will continue on Wall Street on Tuesday, where futures on the main indexes suggest a higher opening of 0, 04% for the Dow Jones. .DJI, 0.1 0% for the Standard & Poor’s 500 .SPX and 0.05% for the Nasdaq .IXIC: * FORD FN, GENERAL MOTORS GM.N – The United Auto Workers (UAW) union has threatened to expand ongoing strike to other American automaker sites if no significant progress is made in ongoing negotiations. * ALPHABET GOOGL.O filed an appeal on Tuesday before the Court of Justice of the European Union (CJEU) to invalidate the 2.42 billion euro fine imposed by the European Commission for abuse of a dominant position in price comparison services (Google Shopping ), considering that the regulatory authorities did not demonstrate that the group’s practices were anti-competitive. * BLOCK SQ.N fell 0.8% in pre-market trading in reaction to the Oct. 2 announcement of the departure of the CEO of its Square subsidiary. He will be replaced by the bloc’s president, Jack Dorsey. * MAPLEBEAR CART.O, the parent company of the US grocery delivery platform INSTACART CART.O, a company backed by the Japanese conglomerate Softbank 9984.T, will debut on the stock market this Tuesday in New York at the indicative price of $30 per share, valuing it at 9.9 billion dollars. * INTEL INTC.O gains 1.3% ahead of its two-day developer conference that begins this Tuesday. * TARGET TGT.N announced on Tuesday its intention to hire nearly 100,000 employees for the year-end holidays and offer significant price reductions starting in October. * ROCKET LAB RKLB.O plunges 15.3% in pre-market trading following the postponement of a satellite launch scheduled for the end of the third quarter. The group intends to review its outlook for the current quarter in the coming days. * NORFOLK SOUTHERN NSC.N announced Monday the launch of a program to compensate homeowners in East Palestine, Ohio, who had to sell their properties at a discount following the Feb. 3 train derailment, an incident that led to the release of toxic chemicals in the area. * CVS HEALTH CVS.N gained 0.9% in premarket trading after Evercore ISI’s decision to upgrade its advice on the pharmaceutical group from “in line with industry perform” to “outperform.” * STARBUCKS SBUX.O fell 4% in premarket trading; TD Cowen upgraded from “outperform” to “in line with sector performance” due to uncertainties over China. * DELL TECHNOLOGIES DELL.N – Daiwa Capital Markets raises its advice from “neutral” to “outperform.” * DEERE & CO DE.N – Evercore ISI downgrades its recommendation from “outperform” to “in line with industry performance.” (Written by Claude Chendjou, edited by Blandine Hénault)

Read Also:  Huge rant against Fox News media
Times of National
Times of Nationalhttps://timesofnational.com
Times of National To give more information about the latest happenings, news related to happenings in the country and abroad a casual understanding of the latest technology products and gadgets, celebrity news and gossip, latest movie news, sports, and cricket scores all you need Always ready to fulfill whatever else is becoming a part of our life nowadays.
Latest news
Related news

LEAVE A REPLY

Please enter your comment!
Please enter your name here