Nike ( NKE.N ) extended losses in early trade and was down 1.6 percent after Morgan Stanley pointed to excess inventory that could weigh on profit margins.

According to CNN: Hunter Biden, the son of US President Joe Biden, will plead guilty to federal charges.

COMEX gold futures fell 1.00% in the day and is now at $1951.40 an ounce.

Covestro shares rose more than 5% pre-market after ADNOC made an offer, heading for its best day ever.

Market news: Boeing reached a service agreement with Japan Airlines, the agreement includes the internal modification of the 787 fleet.

Kazakhstan Oil and Gas Company: signed an oil supply agreement with the German branch of Rosneft until 2023.

Market news: Irish aviation leasing company AERCAP signed two lease agreements with El Al for the new Boeing 787-9 Dreamliner.

Market news: Abu Dhabi National Oil Company (ADNOC) is discussing a potential bid for Covestro at a price of 50 euros per share.

NIO: CYVN Holdings will jointly pursue international business opportunities with NIO after the investment closes.

NIO: CYVN Holdings will have the right to nominate a director.

Canadian Financial Regulator: Increased domestic stability buffer requirement for large banks to 3.5% from 3.0%.

British foreign secretary Cleverley on Ukraine recovery meeting: UK will use its role as a global insurance center to participate in the event.

Nasdaq: Launches corporate bond sale to raise funds for purchase of Adenza (ADENZA).

Petroleum Minister of India: If the global situation remains stable, the price of gasoline and diesel may be cut in the next quarter.

India has issued humanitarian-based rules for the export of broken rice.

UniCredit CEO: will consider small-scale acquisitions in Central and Eastern Europe.

A U.S. judge set an August 14, 2023 date for the first trial in the Trump Docs case, court documents show.