Global stocks edge lower as China pulls from talks amid trade tensions
Global markets retreated with industrials and banks among the hardest hit after China reportedly withdrew from trade talks with the United States as tariffs rise. Oil surged after OPEC signaled no sustained output increase, lifting Exxon and Chevron, while technology and health care shares advanced. The Dow fell about 181 points and the S&P 500 slid 0.4 percent to 2919.37, with the Nasdaq up slightly at 7993.25.
MENTIONED IN THIS ARTICLE
New York
China
U.S
Wall Street Journal
OPEC
Exxon
Chevron
Terry Sandren
U.S. Bank Wealth Management
Sandren
Dow
Apple
Abbott Laboratories
Russia
Iran
S&p
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
Wilshire
Russell
5G pole access battle moves toward FCC vote
The FCC proposes caps on pole access fees at 27 per year per cell site to speed 5G rollout. AT&T and Verizon push for cheaper rights of way while regulators weigh rules to cut local charges and accelerate permit approvals, aiming to boost rural and urban networks alike.
MENTIONED IN THIS ARTICLE
At&t
Verizon
Federal Communications Commission
FCC
Ajit Pai
Commission
U.S
Pai
Trade War Escalates With Fresh Tariffs By U S And China
Beijing and Washington widen their conflict with new duties on about half of traded goods. Trump imposes 200 billion dollars in Chinese imports while China retaliates with 60 billion in U S goods. No talks scheduled. Chinese state media denounces U S policy as unilateral and protectionist. Thousands of items face up to 10 percent border taxes, raising costs across food clothing and electronics. Economists warn of layoffs and higher prices as both economies dig in.
MENTIONED IN THIS ARTICLE
Beijing
United States
China
Donald Trump
U.S
Trump
Washington
Networking group to meet Oct. 18
The Women Business Owners Network will hold a meeting at 6 p.m. October 18 at Lolipop's on Broadway in Lorain. Jani Oehlke owner of the 530 Shop will speak. Laurel Bansek of Lolipop's will be highlighted. A 25 percent discount will apply that night.
MENTIONED IN THIS ARTICLE
Women Business Owners Network
Lolipop’s
Broadway
Lorain
Jani Oehlke
Laurel Bansek
Karen Cheshire
Jrmovers.net
Whonborain.org
Facebook
Global oil prices surge to four year high amid sanctions
Oil futures top eighty dollars a barrel as Iran sanctions, rising demand, and declines in Venezuela and Libya tighten supply. JPMorgan warns prices could reach ninety, with risks from trade tensions and Iran sanctions, while gas climbs to about 2.85 per gallon ahead of elections.
MENTIONED IN THIS ARTICLE
Iran
Jpmorgan Chase
United States
Pavel Molchanov
Raymond James
Venezuela
Libya
American Automobile Association
Donald Trump
Obama
Trump
Jpmorgan
China
NAFTA
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Montana
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Bloomberg News
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the Market IN Review
Dow Jones
Naspaq
GenElec
NewConcEn
NewAgeEn
AMD
Tmsr Gls
Siriusxm
Pedevcors
Tikayah
Pandora
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Intrexon
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At&t Inc
Microsoft
Amarin
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NiSource
Nordson
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Cadarf
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Novavax
Chasing
Idenburyr
Penney Petrobras
Diebold & 475
DineEquity
Pfizer
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PolyOne
Emersonel
ENSCO
Frotem
SearsHidgs
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Smucker
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Transoent
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Cfoxa
Intel
Twitter
Invacare
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Ussteel
Id.com
Vale SA
Keycorp A8
Vanegold
Marathno
Windstats
Wendys Co
NYMX
New York Mercantile Exchange
Chicago Board of Trade
CME
Chicago Mercantile
ICE
Intercontinental Exchange
Mutual
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Dodge & Cox Inc
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Fidelity
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Franklin Templeton
Pimco TtRetins
T. Rowe Price Bcgr
Vanguard
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