As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by CNBC:
The Dow is set to jump about 200 points at the open on Wall Street on Monday, the first day of October and the fourth quarter. The strength in stock futures comes after Canada joined, at the last minute, the U.S. and Mexico in a new deal to replace NAFTA. (CNBC)* Trump tweets morning praise of the new US-Canada-Mexico deal (CNBC)
Despite a flat Friday finish, the S&P 500 logged its sixth straight monthly gain and best quarter since Q4 2013. The Dow’s gain in September was its third straight positive month and best quarter since Q4 2017. The Nasdaq broke a five-month winning streak but saw its best quarter since Q1 2017. (CNBC)
The article goes on to state the following:
Shares of General Electric (GE) were soaring about 15 percent after the struggling industrial giant removed John Flannery as CEO and installed Lawrence Culp, a GE director and former Danaher CEO. GE will take a $23 billion non-cash charge for its power business. (CNBC)
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