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U.S. stocks soared early Monday as investors assembled for a big week of corporate earnings. The S&P 500 (^GSPC) rallied 2.1% at the start of the session, while the Dow Jones Industrial Average (^DJI) gained nearly 500 points, or 1.7%. The technology-heavy Nasdaq Composite (^IXIC) surged 2.6%. Special programming: Check out Yahoo Finance’s 9th Annual Yahoo Finance All Markets Summit from 9 to 5 ET. The moves come after a roller coaster week on Wall Street that saw the S&P 500 log its… Source link

China has been supplying LNG to Europe after Russia curbed supply to the region.Hoëgh LNG China told state-owned natural gas importers like Sinopec and CNOOC to halt LNG sales to Europe, per Bloomberg. The order to halt resales comes as Beijing looks to protect domestic gas supplies for the winter. China has been a crucial supplier of gas to Europe as the region faces a Russia-driven energy crisis. Beijing has reportedly told state-owned natural gas importers to halt resales of cargoes to… Source link

Yahoo and DirecTV have added set-top box data to their advanced TV partnership in a bid to unify linear and digital for buyers. Yahoo and DirecTV expand strategic partnership / Adobe Stock In… Source link

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This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, October 17, 2022. Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. “Damn, this is going be a tough few more months for the economy and markets.” That’s what I was thinking as our very Source link

The Yankees were able to stave off elimination Sunday, setting up a deciding Game 5 with the Guardians on Monday. The Yankees’ pitching staff is a bit up in the air, but playing the game in New York does give them a bit of an advantage. The winner will go on to face the Astros, who will be well rested after sweeping the Mariners. We have a single game contest to play on Yahoo, so let’s discuss some players to consider adding to your lineups. Multiplier Spots There are two multiplier spots that… Source link

By Chuck Mikolajczak (Reuters) – U.S. stocks rallied on Monday after Britain reversed course on an economic plan, while Bank of America was the latest financial company to post solid quarterly results, which boosted optimism about the corporate earnings season. Britain named Jeremy Hunt finance minister, and he immediately dispelled many of Prime Minister Liz Truss’ fiscal measures, which had unnerved markets in recent weeks. “The UK completely backing off this plan and presumably, they kind of… Source link

The news: Lowe’s is partnering with Yahoo to give advertisers on its One Roof Media Network access to more inventory, including off-site media placements, and improve omnichannel experiences, per a press release. The move integrates Yahoo’s DSP and ConnectID identity solution with the retailer’s ad platform. Advertisers on Lowe’s network will now be able to purchase digital out-of-home (DOOH) ads and other third-party inventory via Yahoo Member Connect. The evolution of retail media:… Source link

(Bloomberg) — Goldman Sachs Group Inc. sees attractive opportunities emerging in US stocks even as the S&P 500 benchmark remains expensive versus its history and accounting for interest rates. Most Read from Bloomberg The risk-reward for the S&P 500 Index remains unattractive but “the degree of valuation dispersion within the equity market is wide,” strategists including David J. Kostin wrote in a note dated Oct. 14. They see opportunities in stocks linked to quicker cash flow generation,… Source link

Patrick Mahomes lost for the first time in his career as an underdog in a “24-20 game” that didn’t feature quite as much offense as fantasy managers hoped (Josh Allen/Mahomes matchups entered averaging 60.0 points per game). Still, Stefon Diggs was the WR2 and Allen was the QB3 this week (while hurdling hopeless defenders). Allen led Buffalo on a casual 96-yard, 73-second TD drive at the end of the first half, which of course was countered by Harrison Butker nailing a 62-yard field goal… Source link