Market Pulse - Usa
Commodities: Oil futures whipsawed amid growth concerns, gold gains
Commodity traders endured another volatile session on Monday, as 'market chatter' around a possible US recession looming on the horizon percolated through the different asset classes.
US close: Mixed performance on the Street amid concerns about global growth
US stocks turned in a mixed but broadly unchanged performance on Monday as concerns about global growth reappeared and Apple revealed it was entering the video streaming market at its eagerly-awaited "It's Showtime!" press event.
FX round-up: Sterling slips after government postpones third meaningful vote
Sterling slipped at the start of the week as the Prime Minister told MPs she did not yet have sufficient support to get her proposed Brexit deal through the House of Commons; hence her decision to postpone another vote on it.
RBC Capital slashes Tesla price target, cuts Model 3 delivery forecast
RBC Capital Markets slashed its price target on electric car maker Tesla on Monday to $210 from $245 as it cut its first-quarter Model 3 delivery forecast.
US open: Mixed start to trading as Mueller wraps up investigation
Wall Street trading began on a mixed note on Monday amid worries about global growth, with Apple lower following of its eagerly-awaited "It's Showtime!" press event.
Mueller report finds no collusion between Trump and Russia
US justice department special counsel Robert Mueller concluded that US President Donald Trump did not collude with Russia during the campaign of the 2016 general elections, but did not exonerate him from allegations that he might have obstructed justice.
Nike fined for EU football strip restrictions
The European Commission has hit American shoemaker Nike with a sizeable fine for preventing retailers and licencees from selling licensed merchandise to other countries within the European Economic Area.
Pantheon Resources strikes oil on Alaska's North Slope
Oil and gas explorer Pantheon Resources has confirmed an oil discovery at its Alkaid well on Alaska's North Slope.
Former Fed chair plays down recession fears despite bond yields fall
A former US Federal Reserve chair has played down the prospect of America being hit by an imminent recession, after heavy falls in government bond yields rattled markets.
JP Morgan recommends clients add further to equity positions
Equity strategists at JP Morgan recommended clients use the consolidation to "add further" to their positions in stocks, arguing that investor positioning was "light" and that companies' profit margins were set to improve.
Policy may need to be loosened, Fed's Evans says
A top US central bank official said on Monday that the downside risks to the economy outweighed those to the upside and that interest rate cuts might be needed.