Across the water the Dow Jones climbed again to 17,279.7 - a record high - helped by the biggest IPO in history from Alibaba, now valued at more than $230bn.
We start with a trading update from Tesco- or rather a pretty serious numbers foul-up. Tesco's Board believes the guidance it issued on 29 August for Group profits for the six months to 23 August was overstated by £250m.
Work is "ongoing" on what impact they will have on the full year the company says. The number crunching relates to its food business.
"We have uncovered a serious issue and have responded accordingly," says boss Dave Lewis. "The Board, my colleagues, our customers and I expect Tesco to operate with integrity and transparency and we will take decisive action as the results of the investigation become clear."
Next, Dairy Crest. In a "challenging" trading environment it expects first half Group profits broadly in line with last year though property profits from the sale of surplus delivery depots will make up a greater proportion of profits than in the same period last year.
However its dairy operations were loss making in the period despite the increase in property profits and Dairy Crest says it has "regrettably cut the prices we pay to our farmers for their milk in line with the rest of the market".
Finally, its thought EE is in discussions to take on as many as 60 stores from Phones4U. Vodafone has already agreed to take on 140 outlets.
However more than 600 employees at the Newcastle-upon-Lyme have lost their jobs. An announcement from EE on the store restructuring is imminent.
It's quite a retail car crash; while Vodafone and EE are saving some jobs, their move to end their relationship with Phones4U helped send the retailer to the wall.
How the UK has become a tax haven for the wealthy
Ordinary people pay for tax havens
Scamwatch: "crash for cash" fraud