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US stocks rebound on deal news; dollar rises, euro falls

Bloomberg US stocks rose amid deal news, as major averages pared losses after a brutal month of selling. The dollar advanced versus the euro as political uncertainty hit Germany, while Treasuries edged lower. The S&P 500 headed for just its sixth advance in October and remains on track for its worst month since 2010. The Nasdaq indexes outperformed after IBM’s ...

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Cboe set to shake up east European stock markets

Bloomberg Cboe Global Markets Inc. is looking to shake up stock-market pricing when it starts handling shares of Polish, Hungarian and Czech companies next month in a move breaking up near-monopolies among eastern Europe’s largest exchanges. Cboe, the largest share-trading platform in western Europe since the acquisition of Bats Global Markets in 2017, has been meeting local brokerages in the ...

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Italy studies bank options amid relief from S&P rating decision

Bloomberg Italy’s populist leaders are focussing on how to shield the nation’s banks in case market pressure worsens amid a standoff with the European Union over the government’s budget plan. Premier Giuseppe Conte asked government entities to prepare options to help the lenders if the decline in the value of their holdings of government debt requires them to recapitalise, Corriere ...

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