News

The Federal Reserve Board terminated enforcement actions against UBS (UBS.N) and Credit Suisse (CS.N) related to Archegos transactions in 2023.

Canada will amend its existing maintenance and upgrade contract with Lockheed Martin LMT.N to pay the company an additional $1.14 billion.

U.S. software stocks rose, with Workday (WDAY.O) up 3.9%, Salesforce (CRM.N) up 3.5%, Adobe (ADBE.O) up 3.2%, and Zscaler up 3%.

Canada extends contract with Lockheed Martin LMT.N to maintain fleet.

U.S. Energy Secretary Wright: New England governors are interested in building a pipeline to deliver natural gas to their states.

U.S. Energy Secretary Wright: The United States will replenish every barrel of oil released from the Strategic Petroleum Reserve.

U.S. Securities and Exchange Commission (SEC) filings show that Mubadala Investment Company reported holding 39,550 shares in Broadcom (AVGO.O).

Financial software provider OneStream announced the expansion of its strategic partnership with Microsoft (MSFT.O) to promote the use of artificial intelligence and increase its value within the office of the chief financial officer.

U.S. Securities and Exchange Commission (SEC) filings show that Mubadala Investment Company reported holding 38,034 shares of Apple (AAPL.O).

Pakistan Foreign Minister: 11 Pakistani citizens and 20 Iranian citizens on the ship seized by the United States have been repatriated.

Market news: The second day of the third round of Lebanon-Israel talks began at the U.S. State Department.

Ford Motor Co (F.N) fell 8% today after rising about 20% over the past two sessions.

The European aerospace and defense sector index fell 3.1%.

U.S. silver stocks generally fell, with Silvercorp Metals (SVM.A) falling 9.3%, Endeavor Silver (EXK.N) falling 8.8%, and Cordelen Mining (CDE.N) and Hecla Mining falling more than 8%.

The three major U.S. stock indexes opened lower and moved lower, with the Dow falling more than 1%, the Nasdaq falling 1.8%, and the S&P 500 falling 1.27%. The Nasdaq China Golden Dragon Index's decline expanded to 3%.

Affected by global risk aversion, Mexico's main stock index opened down 1.75%.

U.S. gold mining stocks generally fell, with Harmony Gold (HMY.N) falling 7.1%, Sibanye-Stillwater (SBSW.N) and AngloGold Ashanti (AU.N) falling more than 6.5%, Kinross Gold (KGC.N) falling 5.2%, and the SPDR Gold ETF falling 2.4%.

Nvidia (NVDA.O)'s early decline widened to 3.7%, its largest decline since April 30.

The Dow Jones Index opened down 327.39 points, or 0.65%, to 49736.07 points on May 15 (Friday);The S&P 500 Index opened down 78.2 points on May 15 (Friday) 2 points, or 1.04%, to 7423.02 points;The Nasdaq Composite Index opened on May 15 (Friday), down 421.28 points, or 1.58%, to 26213.94 points.

Microsoft Corp (MSFT.O) opened more than 1% higher after Bill Ackman said he would disclose a new position in the company later on Friday.