Goldman Sachs says crude could spike by $20 on Iran oil shock
Oil prices could shoot up $20 per barrel if Iranian production sees a hit, said Goldman Sachs.
Online retailer Shein to hold roadshows soon ahead of London IPO, Reuters reports
Shein plans informal investor meetings soon for its London IPO, as it awaits UK regulatory approval, three sources familiar with the matter tell Reuters.
China’s stimulus rally has already sent stocks up 25%. And there could be more to come
Mainland markets is closed for a week-long holiday commemorating the 75th anniversary of the People’s Republic of China. Trading is set to resume on Oct. 8.
Hong Kong markets resume rally as investors weigh China stimulus, oil gains
Asia-Pacific markets traded mixed on Friday, though Hong Kong’s Hang Seng index is up over 2%, resuming its rally.
Dow jumps 300 points for record close as September’s big jobs report spurs rally: Live updates
U.S. stocks advanced on Friday as traders parsed the all-important jobs data.
Boeing, Virgin Galactic settle lawsuit over work on Virgin ‘mothership’
Boeing and Virgin Galactic have settled a lawsuit stemming from Boeing’s work on Virgin Galactic’s space tourism “mothership,” according to a Thursday filing in Virginia federal court.
Looking to invest in the ‘Magnificent Seven’? Dan Niles reveals the 2 he likes
Veteran investor Dan Niles reveals 2 of the Magnificent Seven stocks he likes.
Beyond Novo: Fund manager likes this under-the-radar pharma stock with a weight loss drug in the works
“We like to go find better value in the road less travelled,” Sean Peche of Ranmore Fund Management says of the stock. Analysts give it nearly 30% upside.
Port strike ends as workers agree to tentative deal on wages and contract extension
The strike was the first by the ILA since 1977, and it impacted port operations at 36 different ports, including the 10 busiest ports in North America.
Here’s everything to expect when the September jobs report is released Friday
Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of 4.2%.
