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TOKYO (AP) — Global shares were mostly lower today, trading within a narrow range as cautious investors considered the most recent comments by Federal Reserve Chair Janet Yellen. U.S. shares are set to drift lower with Dow futures losing 0.3 percent to 18,011.00. S&P 500 futures also fell 0.3 percent to 2,121.30.
NEW YORK (AP) — U.S. benchmark crude oil gave up 7 cents to $50.28 a barrel in New York. It lost 9 cents to $50.35 a barrel on Friday. Brent crude, the international standard, fell 3 cents to $51.92 a barrel in London.
WASHINGTON (AP) — The Federal Reserve will be releasing its report on industrial production for September today. Also today, Bank of America will release quarterly financial results before the market opens. Netflix and United Continental Holdings will report their earnings after the market closes.
TOKYO (AP) — U.S. electric car maker Tesla says it plans to start working with Japanese electronics company Panasonic Corp. on solar energy. Panasonic had no immediate comment on Tesla's statement on its corporate blog that the companies have signed a non-binding letter of intent to begin collaborating on production of photovoltaic cells and modules at Panasonic's facility in Buffalo, New York.
LONDON (AP) — Britain has lost its place as one of the top five investment destinations in the wake of the country's decision to leave the European Union, according to a survey released today. In a half-yearly report of business executives, consulting firm EY said uncertainties related to the Brexit vote are discouraging potential investors. According to EY, Britain now ranks seventh. In the previous survey in April, it was second.
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