Monday, 30 December 2019

Daily Investor Update: Oil hits three-month high on upbeat data, Middle East tension

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Oil hits three-month high on upbeat data, Middle East tension

Oil prices rose on Monday to three-month highs, lifted by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following U.S. air strikes in Iraq and Syria.

Ford says Mustang Mach-E reservations full

Ford Motor Co said on Monday reservations for the first edition of its electric sport utility vehicle, Mustang Mach-E, are full.

Wall Street pulls back from records as investors take profits

Wall Street's major stock indexes slipped from record highs on Monday as investors booked profits from gains made this month after the United States and China reached a trade deal.

World stocks slip as rally pauses, dollar eases

The dollar slid on Monday on a loss of safe-haven appeal, and global stock markets fell as a year-end rally lost steam after pushing stocks to record highs in 2019.

Lockheed Martin hits 2019 F-35 delivery target of 131 jets

Lockheed Martin Corp said on Monday it has reached its 2019 target to deliver 131 F-35 fighter jets to the United States and its allies, as the defense contractor built 47% more jets this year.

'Do Not Sell My Info': U.S. retailers rush to comply with California privacy law

U.S. retailers including Walmart Inc will add "Do Not Sell My Info" links to their websites and signage in stores starting Jan. 1, allowing California shoppers to understand for the first time what personal and other data the retailers collect, sources said.

Nestle wraps up 20 billion Swiss franc share buyback, launches new program

Swiss food giant Nestle said on Monday it had completed a 20 billion Swiss franc ($20.7 billion) share buyback program and reiterated plans for a new one up to the same amount starting next year.

Tesla delivers first China-made Model 3 sedans in just under a year

Tesla has started delivering Model 3 electric cars built at its Shanghai factory in just under a year since it began work on the $2 billion plant, a record for global automakers in China, and said it would ramp up deliveries from next month.

White House adviser says China trade deal signing expected soon

The White House's trade adviser on Monday said the U.S.-China Phase 1 trade deal would likely be signed in the next week, but said confirmation would come from President Donald Trump or the U.S. Trade Representative.

U.S.-China trade deal signing within week or so: White House adviser

The United States and China will likely have a signing of Phase 1 of a new trade deal early in the new year, White House trade adviser Peter Navarro said on Monday.

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