U.S. stock index futures were marginally
lower on Wednesday ahead of the release of details of an initial
U.S.-China trade deal, with investors also digesting the second
round of bank earnings after a strong set of reports on Tuesday.
UnitedHealth Group Inc reported a
better-than-expected quarterly profit on Wednesday, as the
largest U.S. health insurer managed to control medical costs and
made gains with the unit that houses its pharmacy benefits
Puerto Rico will be allowed access to
$8.2 billion in blocked disaster aid funding by the U.S.
Department of Housing and Urban Development (HUD), Politico
reported https://politi.co/2FPxFb3 on Wednesday, citing people
familiar with the matter.
Spain's Banco Sabadell
has hired IBM for a 1 billion euro ($1.11 billion)
overhaul of its IT systems over the next ten years, Miguel
Montes, the bank's director of operations and people, said on
Lebanese MP Ali Bazzi, citing the
country's parliament speaker, said on Wednesday that work was
underway to protect bank deposits amid a financial crisis that
has shaken confidence in the country's banks.