Market Pulse - Usa
Commodities: Brent climbs, but copper dips as US dollar strengthens
Energy futures continued pushing higher on Tuesday on follow-through buying after the Trump administration decided the day before to cut Tehran's crude oil exports to zero by not extending waivers from its sanctions against countries purchasing oil from Iran.
Trump to make state visit to UK in June
Trump is set to make a state visit to the UK in early June that will be hosted by Queen Elizabeth II despite the risks of public protests kicking off again as they did during his last visit.
US open: Stocks go green as earnings continue to stream in
US stocks opened higher on Tuesday with an avalanche of corporate earnings and uncertainty around the potential fallout from stricter US sanctions on Iran in focus.
State Street sees income fall on lower fee revenues
US financial services firm State Street Corporation saw its profits slide during the first quarter, as fee revenues shrank.
P&G ups full-year guidance as sales of Olay and Tide jump
Procter & Gamble has increased its full-year guidance after strong demand and higher prices helped the consumer goods giant deliver a strong third quarter.
Tesla drops Nvidia chips from its vehicles
Tesla has started incorporating its vehicles with a self-driving computer designed in-house in a move that will see it transition away from chips supplied by Nvidia.
Coca-Cola beats sales estimates in encouraging first quarter
First quarter revenues at soft drinks giant Coca-Cola came in ahead of estimates from analysts on the Street as sales of its water, sports drinks and its zero sugar beverages surged.
US pre-open: Futures point to losses at the bell ahead of earnings deluge
US stocks looked set to slide at the open with an avalanche of corporate earnings and uncertainty around the potential fallout from stricter US sanctions on Iran in focus.
Barclays says crude oil gains justified after US pushes for zero Iran exports
Analysts at Barclays Research said Washington's decision to "tighten" the screws on Iran would do the same to the oil market, posing a "material" risk to their 2019 oil price forecasts, while increasing the odds of a potential conflict in the Middle East, but not for the longer term.