Polymarket Wagerers See Little Probability of Imminent Finish to Authorities Shutdown
1 hr 27 min in the past
The U.S. authorities shutdown is extremely unlikely to finish within the subsequent 5 days, in line with Polymarket event-contract wagerers.
Per Polymarket, there may be only a 6% likelihood that Congress will move a funding invoice by Oct. 15.
Issues improved considerably from there, nonetheless, with a 65% chance of a funding invoice passing by Oct. 31, and a 96% likelihood by Nov. 30.
Stellantis Inventory Rises on Q3 Cargo Estimates
2 hr 45 min in the past
Stellantis launched preliminary third-quarter cargo figures Friday. Buyers evidently appreciated them.
Shares of Stellantis (STLA) pared earlier positive factors however superior 1% quickly earlier than the opening bell after the Chrysler and Jeep mum or dad estimated 1.3 million models have been shipped in Q3, up 13% year-over-year.
The corporate mentioned the estimated positive factors in shipments—”the amount of autos delivered to sellers, distributors, or instantly from the Firm to retail and fleet clients, which drives income recognition”—was principally pushed by a 35% leap in North America.
The “vital enchancment” in North America “primarily displays the advantages of normalized stock dynamics, compared to the prior yr’s stock discount initiative, which quickly decreased manufacturing,” Stellantis added.
Stellantis shares entered Friday down about 19% this yr.
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Inventory Futures Level Greater to Finish Week
3 hr 57 min in the past
Futures tied to the Dow Jones Industrial Common rose than 0.1%.
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S&P 500 futures have been up 0.1% as properly.
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Nasdaq 100 futures additionally have been up 0.1%.
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