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Wall Street set for steady open after tech selloff; Morgan Stanley jumps

US STOCKS-Wall Street set for steady open after tech selloff; Morgan Stanley jumps For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Morgan Stanley rises as Q3 profit jumps Intel slips after China cyber body recommends review Interactive Brokers down; missed Q3 adjusted estimates Futures up: Dow 0.08%, S&P 500 0.07%, Nasdaq 0.1% Updated at 8:26 a.m.
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Street View: JNJ set to sustain growth despite rising competition for Stelara

BUZZ-Street View: JNJ set to sustain growth despite rising competition for Stelara ** Johnson & Johnson JNJ.N raised its 2024 profit and sales forecasts on Tuesday after reporting strong sales of oncology drugs and quarterly results that beat Wall Street expectations CANCER DRUGS, STRONG PRODUCT PORTFOLIO IN FOCUS ** BofA Global Research ("neutral," PO: $170) expects co's oncology franchise to perform well next year too as Darzalex and Carvykti continue to gain market share globally ** Brokerage
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Banks look for new normal, find they don’t need it

RPT-BREAKINGVIEWS-Banks look for new normal, find they don’t need it The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By Jonathan Guilford and Liam Proud NEW YORK, Oct 15 (Reuters Breakingviews) - The last few years have been kind to big U.S. banks. Markets fueled by pandemic-induced government spending and low interest rates created a deal frenzy; volatility helped trading; and the success was followed by a rate-hike that created a lending windfall.
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Banks look for new normal, find they don’t need it

RPT-BREAKINGVIEWS-Banks look for new normal, find they don’t need it The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By Jonathan Guilford and Liam Proud NEW YORK, Oct 15 (Reuters Breakingviews) - The last few years have been kind to big U.S. banks. Markets fueled by pandemic-induced government spending and low interest rates created a deal frenzy; volatility helped trading; and the success was followed by a rate-hike that created a lending windfall.
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Euro zone bonds slide to more than one-week low ahead of ECB meeting

Euro zone bonds slide to more than one-week low ahead of ECB meeting Updates at 1134 GMT By Medha Singh Oct 16 (Reuters) - Euro zone bond yields eased to a more than one-week low on Wednesday, ahead of a widely expected interest rate cut from the European Central Bank . Germany's 10-year bond yield DE10YT=RR , the benchmark for the bloc, dipped 4 basis points to 2.187%, its lowest since Oct.
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