• Europe is -50bps having been -1%..
• leg lower overnight after US intelligence officials warned Russia and Iran have attempted to interfere in next months US election...
• Another Earnings heavy day with single stock moves ranging from +10% to -8%.. Still seeing travel and arrive theme as the majority now are down on the day.
• Speaking of earnings.. Tesla reported after hours in the US is +5% pre market after broad and balanced 3Q beat. FCF v strong despite capex increasing. FY delivery target of 500k kept, with acknowledgement of the challenges...
• In terms of sectors.. Autos +2% from the lows… Pharma, Tech and Energy all -1% are worst with 'Travel & Leisure' relative outperformer..
