U.S. August ADP Employment

Latest Updates October 9 - Delta Air Lines (DAL.N) shares fell nearly 5% in pre-market trading to $78.12. Delta Air Lines (DAL) lowered its full-year adjusted profit forecast due to soaring jet fuel prices. Shares of industry peers United Airlines (UAL.O), Alaska Airlines (ALK.N), and American Airlines (AAL.O) also dropped by about 1%. The US airline now expects adjusted earnings per share for 2026 will be between $5.10 and $5.60, down from the previous forecast of $6.5 to $7.5 per share. The midpoint of this range is $5.35 per share, below analysts’ expectations of $5.46 per share, according to data compiled by LSEG. DAL expects annual fuel costs to increase by about $6.0 billion, versus a prior forecast of a $4.0 billion increase. Analysts tracking Delta Air Lines have on average assigned a “Buy” rating. Year-to-date, DAL shares have gained 18.4%, outpacing its major US competitors. (To facilitate non-English speakers, Reuters automatically translates its reports into several other languages. As automated translations may be inaccurate or lack context, Reuters does not guarantee the accuracy of the automated translations, which are provided strictly for the convenience of readers. Reuters accepts no liability for any damages or losses arising from the use of or reliance on automated translations.)

(1) Portugal's trade deficit narrowed to 2.99 billions euros in August 2026, compared to 3.11 billions euros in the same period last year. (2) Exports rose by 6.8% to 5.36 billions euros, driven by a surge of 61.7% in fuel and lubricant prices. (3) Exports of machinery and other capital goods increased by 16.7%, industrial goods exports rose by 6.5%, while exports of transport equipment fell by 19.1%, mainly due to a decrease in passenger car sales. (4) Exports to the Netherlands increased by 46.8%, exports to Spain grew by 11.2%, while shipments to the United States declined by 28.5%. (5) Imports grew by just 2.8% to 8.35 billions euros, with fuel and lubricant imports increasing by 23.5% and imports of machinery and other capital goods rising by 16.7%. (6) Imports of industrial goods fell by 8.6%, mainly due to chemicals. (7) In the first eight months of 2026, Portugal's trade deficit widened to 24.42 billions euros, compared to 21.97 billions euros in the same period last year.

Bank of Montreal initiates coverage on American Express (AXP.US) with an Outperform rating and a target price of $380.

Delta Air Lines (DAL.US) fell 3.2% in pre-market US trading after the company lowered its annual profit forecast.