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U.S. markets news

METALS-Zinc surges 12 pct after Glencore cuts output, fuelling metals rally
... * Glencore to cut 500,000 tonnes of annual zinc production. * Markets relieved that Fed seen hold off raising rates (Updates with official prices).
Glencore's cut to zinc output boosts share price  Financial Times
Glencore cutting back zinc metal production  CBS News
The Australian  
Global Stocks Rise on Fed's Cautious Stance
Global stocks climbed Friday, after minutes from the Federal Reserve's September meeting further reduced investors' expectations for an increase in U.S.
US STOCKS SNAPSHOT-Wall St opens up after 'dovish' Fed minutes  Reuters
Fed's Lockhart Sees Rate Rise Before End of Year  Fox Business
Dow eyes 6-day win streak, longest since December
The Dow, which is up in early trading, looks to extend its rebound rally off its recent correction lows to six sessions as stocks continue to head higher after the release of minutes of the Federal Reserve's meeting last month lowered investor ...
U.S. Stocks Fluctuate as S&P 500 Heads for Best Week This Year  Bloomberg
MARKET SNAPSHOT: US Stocks Point Higher As Global Stocks Rally  Nasdaq
UPDATE 6-Oil extends gains, set for biggest weekly rise since 2009
... * Brent set to rise 12 pct this week. * PIRA forecasts oil at $70 at end-2016. * Baker Hughes rig count due later on Friday. * Iranian General killed in Syria (Updates prices).
Rally loses steam as Brent seesaws, WTI pares gains  CNBC
Oil Set for Biggest Weekly Gain Since August After Reaching $50  Bloomberg
Bill Gross's compelling tale to right those wrongs
Bill Gross turned to the courts this week to hit back at the colleagues who last year pushed him out of Pimco, the investment management house that he had founded and led to international prominence.
Gross Seeks Vindication as he Sues Firm he Helped Build  Bloomberg
Inside Bill Gross' Lawsuit  Chief Investment Officer
US import prices barely decline in September
WASHINGTON U.S. import prices barely declined in September, with oil prices rebounding and the drag on prices from a weak global economy appearing to moderate, Labor Department data showed on Friday.
Under the Hood of U.S. Import Prices Was a Reason for Fed Delay  Bloomberg
US Import Prices Down 0.1% in September  Wall Street Journal
Denmark's DSV Offers $1.35 Billion for UTi Worldwide
Danish firm DSV, the world�s sixth-largest logistics company, has agreed to buy U.S.-based UTi Worldwide Inc. UTIW 48.09 % for $1.35 billion in move aimed at boosting its long-term growth prospects outside Europe.
REFILE-UPDATE 1-Denmark's DSV to buy UTi for $1.35 bln to boost global reach  Reuters
DSV Group Agrees to Acquire UTi Worldwide in $1.35 Billion Deal  New York Times
Netflix Raising US Price For Most Popular Video Plan
SAN FRANCISCO (AP) - Netflix is raising the price of its Internet video service by $1 for new customers in the U.S., Canada and some Latin America countries to help cover its escalating costs for shows such as “House of Cards” and other original ...
Netflix Raising US Price for Most Popular Video Plan by $1
Netflix Raises Rates  ABC News
Where is the worst traffic in the world?
Vehicles are seen stuck in a traffic jam near a toll station as people return home at the end of a week-long national day holiday, in Beijing, China.
This 50-lane chock-a-block in Beijing will make your eyes pop out  India Today
UK Government sells further 1% stake in Lloyds
THE Government has offloaded a further 1% stake in Lloyds Banking Group to City investors, reducing its holding in the bank to less than 11%.
UK government to convert RBS shares  Financial Times
Government sells another 1% stake in Lloyds  Herald Scotland