Futures inch lower, FedEx cuts annual revenue forecast - what's moving markets

These 6 stocks are new Top Picks at Jefferies

Jefferies' Franchise Picks represent their analysts most confident, Buy-rated stocks within the research companys US Research portfolio. These top selections are backed by thorough analysis, distinct factors, and favorable valuations indicating potential for growth.

This month, Jefferies added 6 new ideas to the list.

argenx SE

argenx (NASDAQ: ARGX) was added to the list as Jefferies analysts consider the biotechnology companys s lead asset, Vyvgart, to be a best-in-class drug owing to its potent IgG drops, clean safety profile without dose-limiting albumin drops or effector-related adverse events, and convenient... More

Toyota Motor (TM) Toyota recalls 1M vehicles in U.S.

Toyota Motor (NYSE: TM) announced Wednesday that the Japanese automaker is recalling 1 million vehicles in the United States due to a defect in the vehicles air bag deployment system.

This issue could potentially lead to malfunctioning Occupant Classification System... More

Toyota (TM) halts all shipments of Daihatsu brand vehicles

(Updated - December 20, 2023 11:22 AM EST)

UPDATE: article has been updated to include comments by Citi Research analysts.

Toyota (NYSE: TM) revealed Wednesday that the automakers small-car Daihatsu unit will halt shipments of all of its vehicles following a safety investigation that found issues involving 64 models, including almost two dozen sold under Toyota's brand.

Toyota stated that the impacted models included those intended for the Southeast Asian markets such as Thailand, Indonesia, Malaysia, Cambodia, and Vietnam. Additionally, the affected models extended to Central and South American countries including Mexico, Ecuador,... More