News

Milan-listed Stellartis (STLA.N) shares rose 4.4% after the automaker said its U.S. division sold 324,277 vehicles in the third quarter of 2026.

Spain's unemployment rate rose 1% month-on-month in September, compared with 1.92% in the previous month.

Volvo Cars: European market performance remains resilient. Sales in the Americas fell 14% in the third quarter to 30,777 vehicles. Deliveries in Greater China were 20,284 vehicles, down 40.6% year-over-year.

The yield on French 2-year government bonds fell sharply, last dropping 8.6 basis points to 3.6079%.

According to Indian media: Dubai Airlines pilot Smit Mahchar speaks with Indian Prime Minister Modi.

Japanese Foreign Ministry: Japanese Prime Minister Sanae Takaichi held talks with Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al Thani, and the two discussed the situation in the Middle East. Takaichi stated that Japan hopes to actively contribute to enhancing the economic and energy resilience of the Gulf states.

JPMorgan Chase raised its price target for Bank of New York Mellon (BK.N) from $159 to $161.

The yield on Germany's 2-year government bonds fell 6.1 basis points to 2.9925% on the day.

Polish Energy Minister: The introduction of a new fuel price cap will cost the government approximately 5 billion zlotys within three months.

JPMorgan Chase lowered its price target for Wells Fargo (WFC.N) from $95.5 to $91.5.

Australia's S&P/ASX 200 index closed up 59.70 points, or 0.69%, at 8674.10 on Friday, October 2.

JPMorgan Chase lowered its price target for Citigroup (C.N) from $149 to $147.

JPMorgan Chase: Lowered its target price for Bank of America (BAC.N) to $62 from $68.

US September Average Hourly Earnings YoY (Previous: +3.1%; Reuters Forecast: +3.2%)1. Regional Banks: +3.0%; TD Securities: +3.0%; ANZ: +3.1%; DAJADAN Group: +3.1%;2. Citigroup: +3.1%; HSBC Holdings: +3.1%; JPMorgan Chase: +3.1%; Morgan Stanley: +3.1%;3. Pansen Macro: +3.1%; Nikko Securities: +3.1%; UBS Group: +3.1%; Bank of Montreal: +3.2%;4. BNP Paribas: +3.2%; Capital Economics: +3.2%; Berenberg: +3.2%; Barclays: +3.2%; Scotiabank: +3.2%; DekaBank: +3.2%; Jefferies Group: +3.2%; Lloyds Banking Group: +3.2%. US September Average Hourly Earnings MoM (Previous: +0.3%; Reuters Forecast: +0.3%) 1. TD Securities: +0.1%; Citigroup: +0.2%; Goldman Sachs: +0.2%; HSBC Holdings: +0.2%; 2. JPMorgan Chase: +0.2%; Moody's Analytics: +0.2%; Morgan Stanley: +0.2%; Nomura Securities: +0.2%; 3. Pansen Macro: +0.2%; Regional Banks: +0.2%; Royal Bank of Canada: +0.2%; UBS: +0.2%; 4. ANZ: +0.3%; BNP Paribas: +0.3%; Barclays: +0.3%; Bank of America: +0.3%; 5. Capital Economics: +0.3%; Commerzbank: +0.3%; Danske Bank: +0.3%; DekaBank: +0.3%; 6. Mizuho Securities: +0.3%; Nikko Securities: +0.3%; Deutsche Bank: +0.3%; Scotiabank: +0.3%; 7. Oxford Economics: +0.3%; Wells Fargo: +0.3%; Lloyds Banking Group: +0.3%; Jefferies Group: +0.4%.

Euro Stoxx 50 futures rose 0.1%, German DAX futures rose 0.15%, and UK FTSE 100 futures rose 0.28%.

German government bond futures rose 0.34%, while French government bond futures fell 0.1%.

French Finance Minister: Bond issuance is going well, but interest rates are too high. The budget proposal will help push interest rates down.

French Finance Minister: All measures in the budget proposal are negotiable.

Following Nike's earnings report and forecast of a significant revenue decline, pre-market indicators suggested that Adidas and Puma shares were expected to fall by 1.2% to 2.2%.

Morgan Stanley lowered its price target for Nike (NKE.N) from $31 to $27.