The Securities and Exchange Commission ruled on Tuesday that NYSE and Nasdaq did not justify previous market data fee hikes, in a landmark decision that increases the pressure on stock exchanges over the cost of trading data.

Technology stocks led Wall Street to its biggest one-day gain since March, with investor sentiment also boosted by a batch of upbeat earnings.

IBM’s long-awaited revenue rebound ran out of steam in the third quarter, disappointing investors who had hoped the IT group would start to see more consistent growth on the back of newer businesses like artificial intelligence and blockchain.

Neoen, the French renewable energy company, has successfully launched the first large initial public offering in France this year.

Pemex, Mexico’s state oil company, sold $2bn of 10-year bonds yielding some 6.5 per cent in an operation designed to finance investment and refinance debt, the company said in a statement.

Having been on the back foot on the bad days, tech stocks are back on the front foot on the good days . . . like today.

Start your engines! Lyft has lined up JPMorgan to lead its initial public offering with support from Credit Suisse and Jefferies, according to people with knowledge of the deal.

Armenia’s prime minister has announced his resignation and called for a snap election, in a bid to consolidate his power over parliament.

US stocks rebounded on Tuesday on the back of upbeat earnings and as a rally in tech and healthcare stocks helped bolster sentiment that has been sapped in recent days by rising bond yields and tensions between Saudi Arabia and western powers.

EDF is pushing to begin construction of its Sizewell C nuclear power station on the east coast of the England by the end of 2021, the company confirmed on Tuesday.

Ireland has dismissed claims from a senior opposition MP in Dublin that Leo Varadkar’s government is coming under pressure in Europe to postpone settling the Brexit border backstop, the last remaining obstacle to a withdrawal treaty with the UK.

Grocery delivery service Instacart has raised a $600m new war chest to help US supermarkets to go up against Amazon-owned Whole Foods.

Brazilian mining company Vale will deploy its cash wisely and “does not need” to chase big acquisitions because it has a big opportunity to grow organically in nickel.

Nomura has agreed to pay $480m to settle civil claims that it misled investors in the lead up to the financial crisis.

Turkey is poised to return to the international borrowing market with the sale of a dollar-denominated bond, just days after Ankara sought to end a bitter row with Washington following the release of a detained US pastor.

Financial ructions, international tensions and an uncertain global economic outlook sent BlackRock’s inflows to a fresh two-year low in the third quarter, after increasingly anxious investors yanked money out of the world’s biggest asset manager.

The number of US job openings in August hit a fresh record high adding to signs of rapid tightening in the labour market, while a gauge of US homebuilder confidence edged higher in October reflecting solid housing demand and lower lumber prices.

A federal judge has approved Tesla chief executive Elon Musk’s settlement with the Securities and Exchange Commission over his August 7 “ funding secured” tweet.

Theresa May faces a call from the EU to come forward with fresh ideas to solve the deadlock in the Brexit negotiations, with EU Council president Donald Tusk warning that “goodwill” will not be enough to secure a deal.

Mining and manufacturing helped the US industrial sector expand more than expected in September — however output growth cooled in the third quarter, data published on Tuesday showed.

US stock futures are trading firmly higher on Tuesday as solid earnings from Goldman Sachs and Morgan Stanley helped draw buyers off the sidelines.

The EU and the UK could still be weeks away from a Brexit deal, the bloc’s chief negotiator warned, on the eve of a crucial summit to discuss Britain’s departure.

Audi was hit with an €800m penalty by German state prosecutors in Munich on Tuesday following an investigation into its use of software designed to evade emissions tests.

Wells Fargo has asked French regulators for an investment firm licence, in the latest boost for Paris as it looks to become Europe’s pre-eminent banking centre after Brexit.