Stocks

ENI SpA Signs Pact with Algerian State-Owned Co to Extend Partnership
Share Market News / Stocks

ENI SpA Signs Pact with Algerian State-Owned Co to Extend Partnership

ENI SpA (E) has signed a series of agreements with Algerian state company Sonatrach to collaborate on jointly operated activities in the country, according to a statement Tuesday morning. This comes after Eni CEO Claudio Descalzi told attendees at an energy conference that his firm plans “billions” of investments in Algeria over the next three years, according to a report […]

Tesla Temporarily Halts Model 3 Output
Share Market News / Stocks / U.S. Markets

Tesla Temporarily Halts Model 3 Output

Tesla (TSLA) has again temporarily halted production of its Model 3, a move that’s unusual but not entirely unexpected after the company said earlier this month it had planned shutdowns to upgrade facilities. The company shut its facility in Fremont, California, for the second time since February. Buzzfeed first reported the news, saying that workers will use vacation time or […]

Share Market News / Stocks / U.S. Markets

Bond Prices Trim Losses But Remain Pressured

US Treasury prices were little-changed, leaning lower early Tuesday, while improved risk appetite extended equity gains in North America, Europe, and Japan (though China’s CSI 300 was off 1.58% on trade-related fears). The 10-year Treasury yield was unchanged near 2.832%, though off an earlier high of 2.852%. The two-year was near 2.374% after testing the 2.398% level. The March housing […]

Stocks / U.S. Markets

Bond Prices Aim Quietly Lower

US Treasury prices are little changed to slightly lower versus Thursday’s closes, having drifted slightly from Asian highs as equities gained more ground. Unwinding of tariff-driven fears helped the tone in global stocks, while investors looked toward strong earnings reports ahead. The threat of military action against Syria has kept trade cautious. The front end of the curve was hit […]