...crude and gasoline stocks plunged last week.
On the busiest day of Q3 earnings season, since it has become impossible to keep track of everything in this fast-moving market, here is a 1-line recap of the most notable earnings and movers this morning.
Hundreds of Russian troops moving freely in the southern districts of city...
In a preview of what is to come today at 2pm from the Fed, moments ago the Bank of Canada cut rates by 25bp to 2.25%, as expected, noting that current policy is "about the right level" to keep inflation close to 2%.
“...mortgage rates are trending toward three-year lows, which should further improve affordability."
Chief Executive Officer Julie Felss Masino has continued to come under fire from shareholders.
The one screen many in markets look at may soon be full of very different content.
...monetary policy stance is at its most supportive in years.
"While we are disappointed in the 777X schedule delay, the airplane continues to perform well in flight testing"
“The world is watching, and I think we’ll have something that’s very exciting for everybody,”
Follows 12 hours of heavy bombing...
...today will be the fifth time that the Fed cuts rates with the S&P 500 at all-time highs.
"The fact that the Fed is cutting rates is very good for the economy. It’s easing financial conditions, boosting growth."
This marks China's first purchase of U.S. soybeans from this year's harvest and comes after the world's second-largest economy had pivoted away from American supplies in favor of Brazilian and Argentine beans.
...it is remarkable that one in 8 US residents now receive food stamps, and during a period when the “official” opinion is that the US economy is in excellent shape and in a boom period...
"It's probably ten years ahead of any other chip ..."
Lukoil is moving to offload holdings in Europe, the Middle East, and Africa as Washington tightens pressure on Moscow to end Ukraine war...







































