Wall Street ends as two-day rally slumps on data, Fed message

Stocks rise late in the day in oversold conditions US private sector payroll rises in September – ADP Twitter drops from 1-year high to all-time high, Tesla drops 6% Energy stocks jump as OPEC+ agrees to cut oil production The indices fall: Dow down 0.14%, S&P 0.20%, Nasdaq 0.25% Oct 5 (Reuters) – Shares on … Read more

EU approves phone charger reform, forcing Apple to adapt

BRUSSELS, Oct 4 (Reuters) – The European Parliament on Tuesday approved new rules that will bring a single charging port for mobile phones, tablets and cameras to the European Union by 2024, a world first that is expected to affect iPhone maker Apple more than its rivals. The vote confirms an earlier agreement between EU … Read more

Pound jumps after UK tax cut rescinded, oil climbs higher

TOKYO, Oct 3 (Reuters) – Oil surged on Monday as OPEC+ considered cutting output at its meeting later this week, while the pound appreciated after the British government announced it would would undo a controversial tax cut that had rocked UK markets. Asian stocks mostly fell over the holidays, although Japanese markets found support from … Read more