Dow Jones futures rise, yields slide ahead of key economic data; AI shares soar towards the buy zone

Dow Jones futures rose slightly, along with S&P 500 futures and Nasdaq futures, as Treasury yields eased ahead of February’s ISM services index. broadcom (AVGO) and the artificial intelligence game C3.ai led gains overnight. x The stock market rally roared back on Thursday from opening lows, even as the 10-year Treasury yield decisively topped 4%. … Read more

Italian Intesa shares rise after capital and payout assurances

Italian Intesa shares rise after capital and payout assurances

MILAN, 23 Jan. (Reuters) – Intesa Sanpaolo shares (ISP.MI) rose 3% in early trading on Monday after Italy’s leading bank reassured investors of its capital buffers and ability to reward investors as planned, despite supervisors’ concerns over internal risk-scoring models. Intesa said late Friday it would end the year with a core capital ratio of … Read more

Japan’s Nidec Says It Wrongly Reports Abusive Buybacks

Japan's Nidec Says It Wrongly Reports Abusive Buybacks

TOKYO, 11 Oct. (Reuters) – Japanese corporation Nidec (6594.T) said on Tuesday it was “absolutely not true” that she was engaging in improper share buybacks in response to a report from Toyo Keizai magazine. Nidec, a major manufacturer of electric motors, said it was considering various options, including suing the publication. A spokesperson for Toyo … Read more