Quick Overview

• U.S. wholesale prices rose 6.9% YoY.

• Human Genome (HGSI) rose on Tuesday following a report in the U.K.'s Daily Mail that GlaxoSmithKline PLC could be preparing a bid of $25 a share.

• The National Association of Home Builders/Wells Fargo housing market index rose by four points to 18, the biggest one-month gain since April 2010

• China's Q3 GDP rose 9.1% against forecast of 9.2%

• Total foreign holdings of U.S. long-term debt in August reached 4.57 trillion U.S. dollars, up from 4.48 trillion in July.

• China's CPI rose 6.1% YoY in September from 6.2% in August and 6.5% in July, which was a 37-month high. Inflation remains above the target of 4% for 2011.

• Chinas business climate index for the real estate sector also fell for the four consecutive month to 100.41 in September.

• Boston, San Francisco Bay Area, Paris, New York, Vienna, Amsterdam, Munich, Lyon, Copenhagen, Toronto are the top 10 innovative cities listed in the annual index for 2011.

• Global deliveries of new containerships have surpassed one million TEU since the beginning of 2011 with 154 vessels delivered and 280,000 TEU more to come by the end of the year, says Alphaliner

• Apple reported a net income of 6.62 billion U.S. dollars or 7.05 dollars per share, compared with 4.31 billion dollars, or 4.64 dollars per share a year ago.

• Coca-Cola said it had sold more drinks in each region around the world in Q3

• The CFTC reestablishes position limits. The rule limits traders to 25% of deliverable supply in the spot month. The spot-month limits apply separately to physically settled and cash-settled contracts. The CFTC will determine deliverable supply in conjunction with the exchanges.

• Intel posts 17% higher profit and issues strong outlook. It also authorized a further $10bn to buy back shares.

• GM sold 2 mln vehicles in China for second straight year