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Cisco shares were down 3.93% at $109.17 at publication. The move followed a security advisory covering a critical vulnerability in Cisco Secure Email Gateway that Cisco said had been actively exploited since October; the article also cited a broader market sell-off.
The TAIEX, Taiwan’s benchmark stock index, shed 1,427 points, or 2.9%, to 47,199 in Thursday morning trade, after gaining in the previous session, touching its lowest level since September 18. The broader index tracked a decline on Wall Street overnight amid losses in the tech sector, as higher-than-expected inflation
Barclays senior US economist Pooja Sriram said higher interest rates are a blunt tool that tighten financial conditions and hit rate-sensitive sectors such as housing and autos first. While rising Treasury yields and the bond selloff have added restraint, she said it is unclear whether conditions are restrictive enough
Futures: Dow up 0.84%, S&P down 0.06%, Nasdaq down 0.71% JPMorgan Chase, Wells Fargo slip despite higher Q3 profit Goldman Sachs climbs as dealmaking, trading revenue lift profit UnitedHealth gains after raising annual profit forecast (Updates before market open) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 13 (Reuters)
WH Denies Plan For 90-Day Diesel Exports Ban, Calls Report 'Fake News' - US Energy Secretary Wright Says Diesel Export Ban Would Not Work - Iran President Defends Country's Right To Nuclear Enrichment - Rubio Says Iran Deal Would Require Hard Work Over Time - Rubio Says Russia, Ukraine Express Interest In Limited Energ