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Market news: A Goldman Sachs partner said that there are signs of a bullish collapse in US stocks, and selling will continue before the market stabilizes.
US President Trump is expected to hold a “civilized” meeting with New York’s new mayor, Mandani.
The Nasdaq opened higher but then fell, with Nvidia (NVDA.O) down 1.47% and Oracle (ORCL.N) down 5.7% to a five-month low.
The Romanian Prime Minister stated that a decision will be made in December regarding whether to initiate a mechanism, which has not yet been approved, to take over gas stations operated by Russia's Lukoil company in the country.
The final reading of the US one-year inflation rate forecast for November was 4.5%, down from 4.70% previously.
U.S. wholesale sales rose 0.1% month-on-month in August, below the expected 0.4% and the previous month's 1.4%.
The final reading for the US five- to ten-year inflation rate in November was 3.4%, below the expected 3.60% and the previous reading of 3.60%.
Google (GOOGL.O): Will continue to advocate for a solution to address the court’s concerns without hindering the growth of U.S. businesses.
European Commission President Ursula von der Leyen: The EU has pledged €7 billion in funding for renewable energy in Africa.
Fitch Ratings: The U.S. private credit default rate is projected to fall to 5.2% in October 2025.
Eli Lilly (LLY.N) became the world's first healthcare company to surpass a market capitalization of $1 trillion.
U.S. Department of Defense: Reached a $700 million conditional loan agreement with Vulcan Elements and ReElement.
The preliminary reading of the S&P Global Manufacturing PMI for November in the United States was 51.9, a four-month low. The preliminary reading of the S&P Global Services PMI for November in the United States was 55, a four-month high. The preliminary reading of the S&P Global Composite PMI for November in the United States was 54.8, a four-month high.
Ukrainian President Zelenskyy urged parliament and government to work together for the benefit of Ukraine.
The preliminary reading of the S&P Global Manufacturing PMI for November in the United States was 51.9, below the expected 52 and the previous reading of 52.5.
The preliminary reading of the S&P Global Composite PMI for November in the United States was 54.8, below the expected 54.5 and the previous reading of 54.6.
The preliminary reading of the S&P Global Services PMI for November in the United States was 55, below the expected 54.6 and the previous reading of 54.8.
The Finnish President and the Ministerial Council on Foreign and Security Policy stated that issues concerning Ukraine should be decided by Ukraine itself, and decisions involving Europe should not be made without European participation.
Ukrainian President Volodymyr Zelenskyy urged Ukrainians to remain united.
Ukrainian President Zelensky: We will not allow Russia to accuse Ukraine of undermining the peace process.
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Apr 20, 2023 13:54