Flash News

TREE NEWS reports: Emerging-market ETFs closed up 1.57% on Monday, October 5, leading gains across US asset-class ETFs. Nasdaq 100 ETFs rose 0.88%, while S&P 500 and Russell 2000 ETFs added as much as 0.67% and the Dow ETF gained 0.2%. Decliners included the 20+ year Treasury ETF, down 0.48%, and the Brent oil fund, down 2.61%.

TREE NEWS reports: Brazil’s stock market recorded its best single-day performance since 2020 as investors focused on presidential candidate Jair Bolsonaro leading President Lula in the first round of the election. The rally marks the strongest session for Brazilian equities in more than five years.

TREE NEWS reports: US sector ETFs closed mostly higher on Monday, October 5, with the biotech index ETF up 1.3% and the energy sector ETF up 1%. The internet, global tech, technology sector and semiconductor ETFs each rose at least 0.52%. Banks ETF fell 0.33%, regional banks ETF dropped 0.55% and the global airlines ETF declined 0.89%.

TREE NEWS reports: All but one of the S&P 500’s 11 sectors closed higher, with materials up 1.22% and telecom up 1.14%, while energy, financials and information technology each gained at least 0.72%. Real estate was the sole decliner, falling 0.44%.

TREE NEWS reports: McKesson and private equity firm Clayton Dubilier & Rice are close to a deal to acquire Option Care Health, the largest independent US infusion services provider, at an enterprise value including debt of more than $5 billion. Option Care Health entered advanced talks to sell itself after receiving a joint bid from the two. A deal could be reached as early as Tuesday but is not finalized; CD&R would hold 51% and McKesson 49%, with McKesson holding a right to buy CD&R’s stake in the future.

TREE NEWS reports: Lucid Group delivered 3,806 vehicles in its third fiscal quarter while producing 2,954 units, with production falling quarter over quarter. The electric-vehicle maker’s output trailed its deliveries for the period.

TREE NEWS update: General Motors plans to add hybrid vehicles to its US product lineup as hybrid sales keep rising on high gasoline prices and cooling demand for pure EVs. Mike Anderson, GM’s vice president of propulsion engineering, reaffirmed the hybrid plan but declined to discuss launch timing; the market had expected the models to arrive as soon as next year. “Hybrids are part of the plan,” Anderson said. “We’re not deaf to customer demand.”

TREE NEWS reports: Homebuilder Lennar Corp. (LEN) fell 6.7% on the day, its worst single-day performance since March 2024. The decline marks the sharpest one-day move in the stock in more than a year.

TREE NEWS reports: SpaceX closed up 7.6% at its highest closing level since June, a move that restored Elon Musk’s trillionaire status. The gain marks the stock’s strongest close in months and puts Musk back above the trillion-dollar net-worth threshold tied to his stake in the company.

TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index closed up 0.24% at 3,154.87 on Monday, October 5. The gauge held losses through Asian and European trading hours before turning sharply higher after the US market open and steadily extending its advance through the session.

TREE NEWS reports: US stocks closed higher, with the Dow up 0.20%, the Nasdaq up 0.92% and the S&P 500 up 0.71%. SPCX rose 7.60%, PayPal (PYPL) gained 2.91%, Strategy (MSTR) added 2.85%, Circle (CRCL) climbed 2.79% and Block (XYZ) rose 2.56%, while Intel (INTC) fell 2.68%.

TREE NEWS reports: The S&P 500 finished 0.6% higher, with materials and telecom sectors up more than 1% and tech up 0.6%, while real estate slipped 0.3%. The Nasdaq 100 rose 0.8%, led by MercadoLibre’s 9.9% gain, followed by SpaceX at 7.3%, Western Digital at 6.1% and Seagate at 4.4%. Qualcomm, CoreWeave and Intel each fell more than 2%.

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed provisionally 1.7% higher, with Chinese ADRs leading gains. GDS rose 6.3%, 21Vianet gained 5.8%, Alibaba added 4.6%, Hesai climbed 3.6%, Kingsoft Cloud rose 3.3%, and Baidu and Tencent each gained 3.1%. The KWEB ETF rose 3% and the CQQQ ETF added 2.5%.

TREE NEWS reports: Mattel shares extended their gain to 3.9% after The Wall Street Journal reported the toy maker is facing pressure from shareholders to consider a sale. The report did not specify which shareholders are pushing for the review or name any potential buyer.

TREE NEWS reports: SpaceX shares extended gains to more than 6%, touching a fresh intraday high of $169.50. The move marks the stock’s strongest level of the session, with the advance widening through the day’s trading.

TREE NEWS reports: The Hang Seng Index main futures contract closed its night session up 0.97% at 24,266 points. The Hang Seng Tech Index main futures contract closed up 1.36% at 4,245 points in the same session.

TREE NEWS reports: The Nasdaq rose 1.00% to 27,463.582 points, the Dow Jones Industrial Average gained 0.19% to 51,273.469 and the S&P 500 climbed 0.67% to 7,774.270. The semiconductor index turned positive.

TREE NEWS reports: JPMorgan raised its rating on Brazilian equities to overweight following the conclusion of voting in Brazil’s election. The upgrade marks a shift in the bank’s stance on Latin America’s largest stock market after the vote. No further details on the rationale or specific targets were given.

TREE NEWS update: Renault has appointed Carine Damois as chief financial officer of the Renault Group, effective November 14. Damois takes over the group’s finance function at the French automaker, which has been reshaping its operations and alliance structure. No further details on the appointment or her predecessor were provided.

TREE NEWS reports: The S&P 500 rose 0.5% to set a fresh intraday high. The move marked the index’s strongest level of the session, with the gain reflecting continued buying in US equities.