Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1. STOCK NEWS:
2. WALL STREET CALLS:
3. AROUND THE WEB:
- The U.S. House Select Committee on China summoned Amazon (AMZN) staffers in September to discuss concerns about its shopping partnership with TikTok, Bloomberg says
- Samsung (SSNLF) and its labor union have reached a tentative wage agreement for 2023 and 2024 after 10 months of negotiations, DigiTimes says
- The New York Times (NOW) has initiated a lawsuit against the European Commission for the release of text messages exchanged between the European Union’s top officials and Pfizer’s (PFE) CEO, NY Times reports
- Salesforce (CRM) AI lead Clara Shih has exited the company to pursue another opportunity, Information reports
- Franklin Resources’ (BEN) Western Asset Management has lost $55B in client outflows since mid-August, WSJ reports
4. MOVERS:
5. EARNINGS/GUIDANCE:
INDEXES:
Near midday, the Dow was down 323.46, or 0.74%, to 43,427.40, the Nasdaq was down 398.85, or 2.09%, to 18,708.80, and the S&P 500 was down 74.87, or 1.26%, to 5,874.30.
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