Wall St. hits record high on China data, trade deal; Apple shines
Wall Street notched a fresh record high on Monday as investor confidence was boosted by upbeat data from China, while cooling trade tensions between the world’s two biggest economies removed one of the hurdles for global economic growth.
Mexico says dispute over U.S. labor attaches does not endanger trade deal
Mexican Foreign Minister Marcelo Ebrard said on Monday that a dispute with the United States over appointing U.S. labor attaches to Mexico does not put a new North American trade deal at risk.
Mexico to decide on U.S. labor attaches, trade deal intact: foreign minister
Mexican Foreign Minister Marcelo Ebrard said on Monday that a dispute with the United States over a provision added to the new North American trade deal that would call for U.S. labor attaches in Mexico does not put the trade deal at risk.
S&P 500, Nasdaq open at record highs on China data, initial trade deal
The S&P 500 and Nasdaq hit record highs at the open on Monday, helped by upbeat data from China and a cooling of U.S.-China trade tensions, while Boeing slipping on worries over production changes to its grounded 737 jets kept Dow’s gains in check.
BAT shares rise on rare BofA Global double upgrade
British American Tobacco’s efforts to shift away from the status quo of a traditional tobacco company and to quicken decision making won the company a rare double upgrade from Bank of America Global Research.
Stocks of Boeing and its suppliers fall on reports of 737 MAX production halt
Shares of Boeing and its suppliers fell on Monday after reports that the U.S. planemaker could temporarily halt production of 737 MAX aircraft, potentially adding to billions of dollars in costs, as its return to service is pushed to 2020.
Boeing suppliers bracing for temporary halt in 737 MAX output
Boeing Co suppliers, customers and financiers braced on Monday for a possible freeze in Boeing 737 production for the first time in more than 20 years as the grounding of the best-selling MAX looks set to last well into 2020.
Costco in Caracas: how Florida goods flood Venezuelan stores
While U.S. President Donald Trump wants to drive Venezuela’s socialist ruler out of power with economic sanctions, there has in fact been a burgeoning influx of American-bought goods from Nutella spread to Oreo cookies.
Volvo Cars refinances $500 million worth of preference shares with Swedish investors
Chinese-owned Volvo Cars said on Monday it had sold 5 billion Swedish crowns ($519 million) of convertible preference shares to a group of Swedish investors to replace an issue of preference shares of the same size that had matured.
Futures gain as initial U.S.-China trade deal cools tensions; Boeing dips
U.S. stock index futures rose on Monday as the top U.S. trade negotiator said a deal would nearly double exports to Beijing over the next two years, but Boeing was set to cap gains for the S&P 500 and Dow on production concerns about its grounded jet.
