Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
Hagibis dropped record amounts of rain for a period in some spots, according to meteorological officials, causing more than 20 rivers to overflow.Asia Newsread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
Check out the companies making headlines in midday trading:
Bed Bath & Beyond — Shares of Bed Bath & Beyond jumped 7.6% after WedBush upgraded the home goods retailer to outperform from neutral, saying the revamped board of directors has led to improved governance. WedBush also said the company might name a "well-regarded and highly experienced" CEO during its earnings release on Wednesday.
Apple — Shares of Apple rose 2.35% after J.P. Morgan raised its price target to $265 a share from $243 a share, which represents 20% upside for the stock. The firm said sales of Apple's new line of iPhones are stronger-than-expected.
Newell Brands — Shares of consumer and commercial products distributor Newell Brands popped 2.9% following an upgrade to buy from hold from SunTrust. The firm raised its price target to $25 a share from $15 a share and said the company is on the verge of a turnaround.
Thor Industries — Shares of Thor Industries soared 15.8%, on pace for its best day of trading since September 2011, after reporting better-than-expected profits for its fourth-quarter earnings. Earnings per share were $1.67, topping estimates of $1.43, according to Refinitiv. The manufacturer of recreational vehicles stock's jump higher comes despite lower-than-expected sales, which showed particular weakness in North America for both towable and motorized RVs.
Seattle Genetics —Shares of Seattle Genetics surged 12.4% after the company unveiled positive trial results for its tucatinib drug in treating metastatic colorectal cancer.
Dova Pharmaceuticals — Dova Pharmaceuticals skyrocketed 38.4% after biopharmaceutical Swedish Orphan Biovitrum announced it would acquire Dova for more than $900 million, or $29 per share. The deal is expected to close in the fourth quarter of this year.
Cal-Maine Foods — Egg-producer Cal-Maine Foods cratered 12% following disappointing first-quarter earnings. The company reported a loss of 94 cents on revenue of $241.2 million. Wall Street expected a loss of 85 cents on revenue of $254.5 million, according to Refinitiv. Cal-Maine cited a significant drop in egg prices due to an oversupply of eggs in the U.S.