News Highlights: Top Global Markets News of the Day - Monday at 1 PM ET

U.S. Stocks Mixed as Third Quarter Wraps Up 
 

The S&P 500 and Dow industrials edged lower on Monday, but were poised to log quarterly gains. The Nasdaq Composite ticked up.

 
Port of Montreal Dockworkers Begin Three-Day Strike at Two Terminals 
 

The walkout at one of Canada's biggest seaports comes as workers at more than half of U.S. ports prepare to strike.

 
Lagarde More Confident of Meeting Inflation Target 
 

The European Central Bank is more confident that inflation is going to settle at its target after a series of recent data releases, and will take that into account when it next sets policy, President Christine Lagarde said Monday.

 
Chicago business-activity index remains in contraction territory for 10th straight month 
 

The Chicago Business Barometer, the gauge of business activity also known as the Chicago PMI, rose to 46.6 in September from 46.1 in August.

 
German Inflation Falls Further Below ECB Target 
 

German inflation declined further below the European Central Bank's 2% target in September, further raising the pressure for a consecutive interest-rate cut at the bank's next meeting in October.

 
A Dockworkers Walkout Would Close Ports From Maine to Texas and Slam the U.S. Economy 
 

The International Longshoremen's Association, which represents 45,000 dockworkers from Maine to Texas, is pushing for a 77% pay increase.

 
A Week of Shock and Awe Ignites China's Stock Markets 
 

While hopes are high, the wider Chinese economy-in particular its languishing property market-will take longer to recover.

 
Nikkei's Message to Japan's New Leader: Higher Taxes Are Bad for Stocks 
 

The Nikkei Stock Average saw its largest tumble in eight weeks on fears of higher taxes under Japan's incoming Prime Minister Shigeru Ishiba.

 
Aluminum Cans Froth Up in Shift for Beverage Industry 
 

Two of the world's largest aluminum can makers, Ball and Crown Holdings, forecast higher volumes and greater market share.

 
How Nvidia's Monster Rally Broke Your Tech ETF 
 

With several $3 trillion companies in a single sector, S&P was forced to change its index-weighting rules.

(END) Dow Jones Newswires

September 30, 2024 13:15 ET (17:15 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.