Stocks Slip Ahead of Inflation Data but Eye 5th Straight Monthly Gain; Apple Courts Baidu for China Sales Boost; Nissan Targets EV Sales Lift; Goldman Sachs Bullish on European Stocks Rally; Oil Rises on Gaza Tensions
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U.S. stock futures slipped lower Monday, handing back some gains ahead of a key inflation report while still on track for a 5th straight monthly gain.
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Apple is reportedly in talks with Baidu to use its AI models in China, which could boost iPhone sales while easing U.S. regulatory concerns.
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Nissan launched a new business plan targeting 1 million more sales over 3 years, with electric vehicles planned to make up 60% of sales by 2030.
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Goldman Sachs raised its year-end target for the STOXX 600 index to 540 from 510, seeing potential for growth acceleration and monetary policy easing.
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Oil prices rose as hopes for a Gaza ceasefire dimmed, raising concerns about geopolitical instability and tightening global crude supplies.