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Compass, Inc. (COMP)
- The Telegraph
Every household should be forced to have a smart meter, says British Gas boss
The chief executive of British Gas has said every household should be forced to have a smart energy meter to help hit net zero targets, despite widespread resistance to the devices.
- Reuters
US STOCKS-S&P 500 pauses after recent gains as investors assess rate path
The benchmark S&P 500 was broadly unchanged on Wednesday, pausing after a recent rally as investors assessed the outlook for U.S. monetary policy, while Uber's shares dropped on a downbeat forecast. Uber shed nearly 9%, becoming the biggest decliner on the S&P 500, after the ride-hailing platform forecast second-quarter gross bookings below expectations and posted a surprise first-quarter loss.
- Reuters
GLOBAL MARKETS-Stocks ease, dollar edges higher as market awaits CPI data
A gauge of global equity performance faltered on Wednesday as investors await new inflation data to assess the course of potential Federal Reserve interest rate cuts, while the dollar edged higher on expectations of U.S. economic out-performance. The main concern among traders and investors is whether inflation is on course to reach the U.S. central bank's 2% target and when Fed Chair Jerome Powell might cut rates. "The takeaway from last week was that Powell was not quite as hawkish as many investors were setting him up to be."
