Wall Street adds to recent rally on Mexico relief, deal optimism
U.S. stocks extended their recent climb on Monday, with the Dow on track for a 6th straight day of gains after the United States dropped plans to impose tariffs on Mexican goods and after a couple of multibillion-dollar deals.
Global stocks climb on trade optimism; Treasuries fall
Equities around the world rose on Monday while U.S. Treasury prices fell as risk assets were back in fashion after the United States shelved plans to impose tariffs on Mexico, easing worries about the impact of another trade war on the global economy.
Pentagon in talks with industry on United Technologies and Raytheon merger: statement
Pentagon leadership is engaging with industry leadership to understand the implications of the United Technologies Corp merger with Raytheon Co, a Pentagon official said on Monday.
Trump ready to slap more tariffs on China after G20 meeting
U.S. President Donald Trump said on Monday he was ready to impose another round of punitive tariffs on Chinese imports if he cannot make progress in trade talks with China’s President at a Group of 20 summit later this month.
Trump says United Tech, Raytheon deal may hurt competition
U.S. President Donald Trump gave mixed signals Monday as to whether he believed the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp should go forward, while the Pentagon indicated it would take a hard look at the deal…
Wall Street rises on Mexico relief, M&A cheer
U.S. stocks were higher on Monday after the United States dropped plans to impose tariffs on Mexican goods, with a couple of multi-billion dollar deals adding to the upbeat mood.
Oil dips in volatile trade amid uncertainty on supply cuts, U.S.-China tariffs
Oil prices edged lower on Monday in volatile trading as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade tensions continued to threaten demand for crude.
U.S. job openings slip; hiring hits all-time high
U.S. job openings fell slightly in April, but a surge in hiring to a record high suggested strong demand for labor before a recent escalation in trade tensions that was partly blamed for a sharp slowdown in employment growth last month.
Wall Street rallies on Mexico relief, M&A cheer
Wall Street’s main indexes gained on Monday, after the United States abandoned its plans to impose tariffs on Mexican goods, while a multi-billion dollar deal in the industrial space added to the upbeat sentiment.
Opioid manufacturer Insys files for bankruptcy after kickback probe
Drugmaker Insys Therapeutics Inc filed for bankruptcy protection on Monday amid mounting expenses driven by a U.S. Justice Department probe into claims it paid doctors bribes to prescribe a powerful opioid medication.
