Reuters Daily Investor Update: April 3, 2017

Click to View in Browser Monday, April 3, 2017 Stocks ease ahead of Trump-Xi meeting, dollar gains NEW YORK (Reuters) - Global equity markets eased on Monday as investors awaited the first meeting later this week between U.S. President Donald Trump and Chinese President Xi Jinping, while the dollar gained on a positive backdrop of rising U.S. interest rates. AIG morale could spook talent, curb turnaround plan: UBS report (Reuters) - A morale crisis at American International Group Inc could prevent the U.S. insurance company from keeping and hiring the talent it needs to propel it through its financial turnaround, UBS said in an analysis on Monday. Auto sales, Trump angst keep Wall Street in the red NEW YORK (Reuters) - Wall Street fell on Monday as auto sales disappointed and investors questioned whether the Trump administration would deliver on its pro-business economic stimulus. GM Canada leads auto sales in March, jumps 23 percent TORONTO (Reuters) - The Canadian arm of General Motors led auto sales in Canada for the month of March, and also posted the biggest surge in monthly sales. Government orders Wells Fargo to reinstate whistleblower (Reuters) - The federal government has ordered Wells Fargo to reinstate a former bank manager who lost his job after reporting suspected fraudulent behavior at the bank. Elon Musk mocks short sellers after Tesla stock surge (Reuters) - As Tesla Inc's strong quarterly vehicle deliveries sent its stock to a record high on Monday, Chief Executive Elon Musk took a swipe at traders betting the luxury electric car company is on a road to ruin. FCC limits order on Charter extending broadband service WASHINGTON (Reuters) - The U.S. Federal Communications Commission is reversing a requirement imposed under the Obama administration that Charter Communications Inc extend broadband service to 1 million households already served by a competitor, under an order to be made public on Monday. Akzo Nobel CEO says PPG proposal is insufficient AMSTERDAM (Reuters) - Akzo Nobel CEO Ton Buechner repeated on Monday his opposition to a March 20 takeover proposal from U.S. rival PPG Industries , saying he sees no merit in negotiating with PPG. Top-20 Akzo Nobel investor backs talks with PPG over revised bid LONDON (Reuters) - A top-20 investor in Akzo Nobel said on Monday he wanted the firm to engage with U.S. rival PPG Industries over a revised bid raising pressure on the Dutch paint maker to begin talks. U.S. factory activity cools slightly; trend remains bullish WASHINGTON (Reuters) - A measure of U.S. manufacturing activity retreated from a 2-1/2-year high in March amid a decline in production and an inventory drawdown, but a surge in factory jobs indicated that the sector's energy-led recovery was gaining momentum. Related Video Disappointing March sales weigh on U.S. automakers Breakingviews TV: Yuan percent Related News Your Money: Drinking and shopping brews up a nasty cocktail Government orders Wells Fargo to reinstate whistleblower Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook