GE confirmed Monday that it's merging its transportation business with Wabtec in an $11.1 billion tie-up that's also the biggest deal to day for first year CEO John Flannery.

Treasury Secretary Steve Mnuchin said Monday that he would "take the over" on bets that the U.S. economy would growth by 3% in 2018 and said he "wouldn't be surprised" to see stocks higher by the end of the year.

U.S. stocks rose on Monday after Treasury Secretary Steve Mnuchin told Fox News on Sunday that the U.S. is putting the trade war with China "on hold."

Global stocks rallied across the board Monday as investors cheered reports that talks between the U.S. and China appeared to have averted a damaging trade war between the world's two biggest economies.

U.S. stock futures rise sharply as investors react to a thaw in the trade war rhetoric between the U.S. and China; General Electric reportedly nears deal to merge its transportation unit with Wabtec; Tesla CEO Elon Musk tweets about an upgrade to the electric carmaker's Model 3 series.

GE could be close to merging its transportation business with Wabtec, Reuters has reported, a $20 billion deal that would be the biggest move for first year CEO John Flannery.

We sat down with ETF trailblazer Deborah Fuhr, who's been in the industry for over 20 years. We talked about everything from today's trends to the over 7000 different products to helping women in the industry. Watch now! (Video and Podcast)

Apple is the most active stock in pre-market trading Monday as investors piled in to the world's biggest tech company following a temporary trade war truce between the U.S. and China.

Tesla shares jumped higher in pre-market trading Monday as trade tensions between the U.S. and China eased, founder and CEO Elon Musk teased customers with a new Model 3 and a research note stuck an upbeat tone on corporate profitability.

Xie Yu yu.xie@scmp.com