Reuters Daily Investor Update: August 3, 2017

Click to View in Browser Thursday, August 3, 2017 Stocks slip as Wall Street eases, dovish BoE hits sterling NEW YORK (Reuters) - A gauge of world stocks declined as Wall Street dipped on Thursday, although European shares rallied, while sterling hit a nine-month low against the euro after the Bank of England's policymakers kept interest rates unchanged. Dow hits record as Amazon and Apple pull down S&P 500 (Reuters) - The S&P 500 and the Nasdaq fell on Thursday, weighed down by Amazon.com, Apple and other top-shelf technology stocks, while the Dow Jones Industrial edged up to a seventh straight record high. Viacom reports 8.3 percent rise in quarterly revenue (Reuters) - Viacom Inc , the owner of MTV, Comedy Central and Paramount, reported an 8.3 percent rise in quarterly revenue as higher domestic affiliate revenue offset continued declines in U.S. advertising sales. Toyota to take 5 percent stake in Mazda: Nikkei (Reuters) - Toyota Motor Corp would take a roughly 5 percent stake in Mazda Motor Corp to establish a U.S. auto plant and develop key electric vehicle technologies, the Nikkei reported. Toyota to build new U.S. plant with rival Mazda: source WASHINGTON/DETROIT (Reuters) - Toyota Motor Corp and rival Mazda Motor Corp are expected to announce plans on Friday to launch a joint venture and build a new U.S assembly plant, a person briefed on the matter said. Seed funding slows in Silicon Valley (This version of the August 1st story corrects paragraph 28 to show Initialized Capital takes a 15 percent ownership stake in companies. Previous version incorrectly said a 50 percent stake) Dish misses profit expectations but limits subscriber losses (Reuters) - Dish Network Corp's shares declined on Thursday after the satellite television provider's quarterly results missed analysts' estimates, and its chief executive declined to give specifics on merger discussions, saying that the company was focused on building its new wireless network. MetLife sees charges of $1 billion in third quarter; shares down (Reuters) - MetLife Inc's shares were down 2.6 percent on Thursday after the largest U.S. life insurer said it expected charges of about $1 billion in the third quarter related to the spinoff of its U.S. retail business, Brighthouse Financial. Senate reauthorizes FDA to collect fees from drugmakers (Reuters) - The U.S. Senate on Thursday passed a bill allowing the Food and Drug Administration to continue collecting fees from drug companies to review new product applications. Tesla surges as Wall Street bets on Model 3 SAN FRANCISCO (Reuters) - Tesla Inc jumped 6 percent on Thursday as its quarterly report fueled bets that its new Model 3 sedan will propel the luxury electric carmaker into the mainstream. Related Video Breakingviews TV: Tesla tease Siemens delays healthcare IPO until 2018 Related News Q&A: Canada tries trading marijuana in new ETF First Jobs: Very small roles for future Broadways stars 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