Chinese stocks tumbled by the most in 4 months as brokerages tightened lending restrictions and the Central Bank in China drained cash from the financial system.
European stocks were mixed to lower on Thursday, as the U.K. left its first-quarter GDP growth estimate unchanged.
Costco Wholesale' (COST) third-quarter profit rose as the company continues to benefit from low gas prices, strong store sales and membership fees.
On Thursday May 28th we await earnings results from Abercrombie & Fitch (ANF), Express (EXPR), Pacific Sunwear (PSUN), GameStop (GME), Ulta (ULTA), and Avago Technologies (AVGO).
Charter Communications (CHTR) and Time Warner Cable (TWC) will have to prove to regulators that a combination between the two will bring tangible benefits to consumers.
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