Futures tick higher ahead of jobs data
U.S. stock index futures rose on Friday after two straight sessions of declines for the S&P 500, as investors took comfort from a largely positive earnings season ahead of the release of jobs data.
Fiat Chrysler first-quarter adjusted EBIT falls 29 percent as sales slow
Fiat Chrysler (FCA) said on Friday its adjusted operating profit fell 29 percent in the first quarter as sales slowed in its North American profit center and in Europe.
Wall Street Weekahead: Record-breaking rally leaving energy stocks behind
The stock market surge since the start of the year that has sent the benchmark S&P 500 index up to new record highs is leaving behind one sector that typically outperforms in an expanding economy: energy.
Take Five: Vol squall coming? World markets themes for the week ahead
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Exclusive: Tesla expects global shortage of electric vehicle battery minerals -sources
Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals down the road due to underinvestment in the mining sector, the company’s global supply manager for battery metals told an industry conference on Thursday, …
Exclusive: U.S. seeks to challenge China’s electric-vehicle supply chain dominance
A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China’s dominan…
Shares claw higher before U.S. jobs data, oil sinks again
World stocks were battling to avoid their first weekly fall in six weeks on Friday, as investors waited to see whether key U.S. jobs data would give the Federal Reserve another reason to dismiss rate cut calls.
Uber faces lawsuit by Australian taxi drivers for ‘illegal operations’
A law firm filed a class action against Uber Technologies Inc on behalf of thousands of taxi and chartered drivers in Australia, accusing the world’s largest ride-hailing company of operating illegally and harming them financially.
Asian shares mixed before U.S. jobs data, Europe expected higher
Asian stock markets stayed within tight ranges on Friday amid thin holiday trade and as investors awaited the release of key U.S. jobs data and other directional cues.
Strong U.S. job growth expected in April; wages seen moderate
U.S. employers likely maintained a strong pace of hiring in April while steadily increasing wages for workers, pointing to solid economic growth and moderate inflation pressures.
