1. Wall Street opened higher on Monday, after a disappointing U.S. jobs report on Friday hardened views that the Federal Reserve will not raise interest rates this year.
Global stock markets rose on Monday with investors expecting the era of near-zero interest rates to continue for a while yet. Friday's U.S. nonfarm payrolls report for September showed job growth slowed in the last three months.
2. Russia is escalating Syria's civil war by targeting the moderate opposition, U.S. Defense Secretary Ash Carter said on Monday, comparing Moscow's effort to bolster Syrian President Bashar al-Assad to tethering itself to a sinking ship.
"By taking military action in Syria against moderate groups targets, Russia has escalated the civil war," Carter said in a speech during a trip to Spain.
3. The Institute of Supply Management non-manufacturing purchasing managers’ index fell more-than-expected in the last quarter, official data showed on Monday.
In a report, Institute for Supply Management said that ISM Non-Manufacturing PMI fell to a seasonally adjusted annual rate of 56.9, from 59.0 in the preceding quarter. Analysts had expected ISM Non-Manufacturing PMI to fall to 57.5 in the last quarter.
4. Uber Inc's aggressive global expansion is looking costlier and riskier than ever as the company struggles with regulatory and competitive obstacles in major markets.
Just last week, the company faced a police raid on its European headquarters in the Netherlands, a criminal trial of two top executives in France, a ban on its services in Rio de Janeiro and proposed new regulations in London and Toronto that could cripple its services in those cities.
5. The dollar remained broadly lower against the other major currencies on Monday, as Friday's U.S. jobs data dampened expectations for a U.S. rate hike before the end of the year and as investors eyed an upcoming report on U.S. service sector activity.
The dollar was higher against the yen, with USD/JPY up 0.28% at 120.23, off Friday's one-month low of 118.66, as investors locked in profits on the greenback’s fall.
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