Market Pulse - Usa
Activist hedge fund calls for shakeup of eBay's portfolio
Elliott Management disclosed a 4% stake in online marketplace eBay on Tuesday as it called for a shake-up of the company’s portfolio in order to double the outfit's share price.
Commodities: Brent, copper futures drop amid trade worries and political tensions
Commodity futures came under selling pressure at the start of the week, with only precious metals and wheat managing to keep their heads above water, as investors in the States returned from the long weekend to find that the federal government shutdown was continuing and began eyeing the next phase of US-China trade talks at the end of the month.
Bonds: Gilts underperform as pound rallies; Spanish note sale sees record demand
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
White House reportedly rejects trade planning meeting with China
Selling on Wall Street picked-up on Tuesday afternoon following a report that the White House had cancelled a meeting between top US and Chinese trade officials.
Venezuela claims to have foiled 'extreme right' military coup
An attempted revolt against the Venezuelan government of President Nicolás Maduro by 27 members of the country's National Guard has been quashed, according to the defence ministry.
US open: Stocks open lower as Chinese data weighs on sentiment
US stocks opened lower on Tuesday as traders returned to their desks after the Martin Luther King Jr holiday, with worries about a slowdown in China and some dire housing figures taking their toll on sentiment.
US to pursue extradition for Huawei executive Meng Wanzhou
The United States is expected to proceed with formal extradition proceedings for Huawei executive Meng Wanzhou, who was recently detained in Canada under accusations of violating US sanctions on Iran.
US corporate results: 'No bad news = good news', BofA-ML says
Analysts at Bank of America-Merrill Lynch sounded a positive note on the US corporate earnings season after a first week of updates.