The Fed needs the justification from the data to be able to cut -- it does not have that green light yet.
Stifel Financial is in talks to acquire Toronto-based GMP Capital in a deal that would see a U.S. company swallow one of the last independent investment banks in Canada, according to The Globe and Mail.
U.S. stock futures rise modestly as investors adopt a cautious stance on risk heading into this week's Federal Reserve meeting; Donald Trump warns that if he's not re-elected in 2020 the stock market will crash; Boeing's CEO acknowledges 'mistake' made in handling of a problematic cockpit warning system in 737 MAX jets.
U.S. equity futures edged higher Monday, while the dollar held at a near two-week high against it global currency peers, as investors adopted a cautious stance on risk heading into this week's Federal Reserve meeting while closely monitoring military developments in the Gulf region.
Boeing executives struck an apologetic tone over two deadly crashes of its flagship 737 MAX heading into the start of the Paris Air Show Monday, and insisted that its safe return to action was more important than establishing a speedy timetable.
Deutsche Bank surged to the top of the German market Monday, helping financial sector shares pace gains around the region, following multiple reports that the troubled lender is ready to create a "bad bank" to house underperforming assets.
These bearish bets are showing both technical and quantitative deterioration.
Stocks retreat Friday over disappointment over Broadcom's revenue warning and uncertainty over trade talks and interest rates.
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