TOP MARKETS NEWS: Week 05/05 – 05/11

Tuesday 05.06

European stocks set for a tepid start; FTSE poised to open higher, continuing its winning streak – cnbc

Asia-Pacific stocks mixed as investors assess trade developments in the region – cnbc

 


Monday 05.05

India Offers Zero-for-Zero Tariffs on Auto Parts, Steel From US – bbg

 

Stocks making the biggest moves after hours: Palantir Technologies, Ford Motor, Mattel, Clorox and more – cnbc
Ford Pulls Guidance, Warns It Will Take $1.5 Billion Hit From Trump’s Tariffs – Reuters
Palantir lifts full-year guidance as CEO Karp cites ‘tectonic shift’ in AI adoption – cnbc
Stocks and Dollar off lows after strong ISM Services PMI – Newsquawk US Market Wrap
S&P 500 Snaps 9-Session Win Streak After Latest Trump Tariff – Reuters
Gold Gains, Crude Crushed As Stocks’ Big Win-Streak Ends Abruptly – Zerohedge
Wall Street loses ground, breaking a 9-day winning streak, and crude oil prices tumble – bbg
S&P 500 snaps nine-day winning run as uncertainty on tariff deals weighs on markets – cnbc
JPMorgan Says AI Helped Boost Sales, Add Clients in Market Turmoil – Reuters
Berman: What can we learn from Warren Buffett’s portfolio? – bbg
Citigroup CEO Says Most Business Clients Can Absorb 10% Tariffs – Reuters
Stocks making the biggest moves midday: Berkshire Hathaway, Skechers, Tyson Foods and more – cnbc
STOXX 600 Posts Longest Winning Streak in Nearly Four Years; Focus on Fed, Tariff Updates – Reuters
ISM Services Survey Surprises To Upside As Prices Paid Surge – Zerohedge
US Services Sector Expands With Hints of Rising Price Pressures – Reuters
Skechers to be acquired by 3G Capital in take-private deal, shares soar 25% – cnbc

US PREMARKET
Stocks making the biggest moves premarket: Howard Hughes, Henry Schein, Netflix and more – cnbc
Goldman Sachs Lowers Oil Price Forecast After OPEC+ Decision to Boost Output – Reuters
One chart shows how Warren Buffett trounced the S&P 500 over the past 60 years – yahoofinance
European firms fare better than feared through early trade pain – bbg
U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June – cnbc
European markets mixed, Erste Group Bank rises 6% after acquiring stake in Santander’s Polish unit – cnbc

ASIA NEWS
Australia stocks fall after Prime Minister Albanese returns to power; Asian currencies rally – cnbc
Foxconn Says April Revenue Rose 25.54% Y/y, Sees Q2 Growth – Reuters
Analysis-Taiwan Dollar’s Record Rally Is a Trade-War Tremor – Reuters

Morning Brief: Some Trade Deals May Come Soon; Taiwan Dollar Jumps Most Since 1980s; Albanese Wins Second Three-Year Term – cb