Tuesday, 6 June 2017

Reuters Daily Investor Update: June 6, 2017

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Tuesday, June 6, 2017
Wall Street slips ahead of UK vote, ECB, Comey testimony
NEW YORK (Reuters) - Major U.S. stock indexes ended near session lows on Tuesday as traders shied away from risky assets ahead of major political and economic headlines expected on Thursday.
Oil rebounds, finds support after sliding below $47 per barrel
NEW YORK (Reuters) - Oil prices edged up on Tuesday, finding technical support after sliding below $47 a barrel on pressure from a diplomatic rift in the Middle East and sustained high crude inventories in the United States.
Bombardier says trade dispute not slowing CSeries momentum
CANCUN, Mexico (Reuters) - Bombardier Inc said on Tuesday it was confident of winning a trade dispute with Boeing Co in the United States and dismissed industry suggestions that the row could slow efforts to accelerate sales of its CSeries jet.
Uber fires 20 employees after harassment probe: sources
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] has fired 20 employees following an investigation by a law firm into sexual harassment and other claims at the ride-hailing company, people familiar with the matter said on Tuesday.
Pinterest raises $150 million, valuing photo-sharing app at $12.3 billion
(Reuters) - Photo-sharing application company Pinterest has raised $150 million from existing investors in its latest round of funding, which values the company at $12.3 billion, a company spokeswoman said on Tuesday.
U.S., Mexico reach sugar pact without backing from U.S. producers
WASHINGTON (Reuters) - The U.S. and Mexican governments reached a new agreement to significantly shift their sugar trade mix, but U.S. sugar producers have failed to endorse the deal, leaving question marks over whether it could still sour broader trade relations.
Exxon says Qatar LNG not affected by Arab states tension
(Reuters) - Exxon Mobil Corp said on Tuesday that production and exports of liquefied natural gas from Qatar have not been affected by rising diplomatic tensions in the Middle East.
Jitters push Treasury yields, dollar to seven-month lows
NEW YORK (Reuters) - U.S. Treasury yields and the dollar dropped to seven-month lows on Tuesday and world stocks slid as political uncertainty from the United States to Britain and the Middle East pushed investors away from risky assets.
U.S., Mexico reach sugar pact but U.S. producers not on board
WASHINGTON (Reuters) - The U.S. and Mexican governments reached a new agreement in principle on trade in sugar, but U.S. producers have failed to endorse the deal, U.S. Commerce Secretary Wilbur Ross said on Tuesday.
Anthem to leave Ohio's Obamacare insurance market in 2018
(Reuters) - Anthem Inc, which has urged Republican lawmakers to commit to paying government subsidies for the Obamacare individual health insurance system, on Tuesday announced it would exit most of the Ohio market next year.
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