Fidelity Investments became the latest online brokerage to offer commission-free trading
The Securities and Exchange Commission rejected Bitwise Asset Management Inc.'s bitcoin exchange-traded fund
U.S. Circuit Judge Richard Sullivan dismissed a lawsuit
JPMorgan Chase & Co., which sought a temporary restraining order and a preliminary injunction against a former broker, achieved its first win in the case, AdvisorHub reports. Florida-based Pedro Lopez-Villari, who was accused by the bank for soliciting
The Federal Reserve is set to relax the regulatory framework for large banks by loosening liquidity standards
The SEC created its asset management advisory committee
Facebook Inc. Chairman and CEO Mark Zuckerberg is set to testify before the House Financial Services Committee on Oct. 23 to discuss its impact on the financial services and housing sectors.
In other parts of the world
Asia-Pacific: RBI rejects Indiabulls-Lakshmi Vilas merger; Afterpay hires former Obama adviser
Europe: Banks' Brexit market mayhem plans; Tryg earnings; cum-ex conviction
Middle East & Africa: QNB Q3 profit rises; Afreximbank plots London IPO; stable outlook for GCC banks
Now featured on S&P Global Market Intelligence
Insurtechs shine in August fintech fundraising: Insurance technology companies attracted the most investor capital and produced the highest volume of funding transactions in August, out of the six categories of U.S. financial technology startups tracked by S&P Global Market Intelligence.
Talk of E*TRADE sale returns as online brokers confront free trading: The era of free trading at the largest online brokerages has brought new questions about how their business models will cope — and for one company, whether a sale is back on the table.
Rate cuts offer US community banks funding relief but little margin for error: A pair of rate cuts by the Federal Reserve will offer U.S. community banks some relief in funding costs, but not enough to offset pressure on earning-asset yields.
The day ahead
Early morning futures indicators pointed to a lower opening for the U.S. market.
In Asia, the Hang Seng jumped 0.10% to 25,707.93, while the Nikkei 225 jumped 0.45% to 21,551.98.
In Europe, around midday, the FTSE 100 increased 0.04% to 7,169.18, and the Euronext 100 dropped 0.06% to 1,065.92.
On the macro front
The consumer price index, the jobless claims report, the EIA natural gas report, the Treasury budget, the Fed balance sheet and the money supply report are due out today.
Click here to read about today's financial markets, setting out the factors driving stocks, bonds and currencies around the world ahead of the New York open.
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