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World stocks mixed, futures down ... Economic reports ... Trump and truckers

October 11, 2017

HONG KONG (AP) — World stocks were mixed as momentum from a record Wall Street close faded and investors grew cautious ahead of the release of the latest Fed meeting minutes and a key Chinese communist party meeting next week. Dow futures slipped less than 0.1 percent to 22,775.00 and broader S&P 500 futures shed 0.1 percent to 2,546.30.

WASHINGTON (AP) — In today’s reports, the Labor Department will release its job openings and labor turnover survey for August. The Federal Reserve will release minutes from its September interest-rate meeting. Delta Air Lines Inc. reports quarterly financial results before the market opens.

WASHINGTON (AP) — President Donald Trump will pitch his tax plan as a boon for truckers as he brings his tax tour to Harrisburg, Pennsylvania, today. Trump will be speaking in front of an audience of roughly 1,000, including lots of truckers, against a backdrop of big rigs at a local airplane hangar.

TOKYO (AP) — The Japanese government is urging steelmaker Kobe Steel to clarify the extent of manipulation of data on steel, aluminum and other metals used in a wide range of products. A government spokesman criticized the apparently widespread falsification of data as “inappropriate,” saying it could undermine product safety.

BEIJING (AP) — A multinational group of researchers reports China is close to matching the United States as a source of official grants and loans to developing countries. But AidData says much of Beijing’s financing serves its own economic interests and yields scant benefits for recipients.

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