Other news

China's monetary authorities are appealing to local banks to restore the yuan fixing tool they abandoned two years ago as they seek to manage and protect the rapidly weakening currency.

NVIDIA announced the creation of a new model of artificial intelligence.

Stocks have been under pressure since the end of August, when aggressive U.S. Federal Reserve policy showed that the central bank would not stop even the potential risk of a recession in an effort to meet its priority of lowering inflation

Ford Motor invests $700 million in Kentucky vehicle plant and provides 500 additional hourly jobs in order to support the production of new vehicles. This investment is a part of the Ford+ plan for the company’s growth and value creation.

Damien Kurvalin, head of energy research and senior commodities strategist at Goldman Sachs, lowered the bank's forecasts for oil prices, despite the fact that the market remains "critically limited" with supply.

Lyft Inc is suspending new hires in the U.S. until the end of the year, a company spokesman said, citing high inflation forcing cost-cutting measures on Tuesday.

The Walt Disney Co. announced it will shutter theme and aqua parks as for Wednesday and Thursday. The reason is Hurricane Ian to get closer to the coast of Florida.

The Tesla company plans to preserve the production volumes on its Shanghai enterprise at a level of 93%.

Apple Inc. is not planning to boost production of new iPhones this year. The company expected demand to surge. However, the forecast turned out to be inaccurate.

Chicago Fed President Charles Evans made a statement that the US Federal Reserve plans to raise interest rates in the range of 4.50% to 4.75%.