Five Things to Know: Stocks slide, Powell speaks, American Express rings up record profits

📆 20-10-2023 17:03:00
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Stocks lower, oil prices rise, Wall Street reacts to Powell, American Express beats earnings call, and Schlumberger misses on revenue.

Stock futures are down as Federal Reserve Chairman Jerome Powell struck a neutral tone on rate hikes during a key policy speech.Schlumberger tops third-quarter earnings, misses on revenue

The oil services company says quarterly performance was driven by 'broad-based growth across Saudi Arabia, the United Arab Emirates, Indonesia, China, Malaysia, Kuwait, and Oman.'Israeli Defense Minister Yoav Gallant told troops gathered at the Gaza border that they would soon see the Palestinian enclave 'from inside.

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