Meggitt on Aug. 2 agreed to a Parker-Hannifin takeover offer of 6.3 billion pounds. Transdigm has weighed in with a counterbid at 7.1 billion.

Stocks end lower following earlier highs that were propelled by solid corporate earnings and dealmaking.

Stocks moving in premarket trading Monday include Square, General Electric, Xpeng, NIO and Parker-Hannifin.

Parker-Hannifin to buy U.K.-based Meggitt for £6.3 billion ($8.8 billion) amid a rebound in aerospace demand.

Solid corporate earnings lift equities as Wall Street begins the first trading of August; Square will buy Afterpay for $29 billion; Parker-Hannifin to buy U.K.'s Meggitt for $8.8 billion.

The Dow finished higher Monday as investors anticipate a likely quarter-point rate cut from the Federal Reserve and await earnings results from nearly a third of the S&P 500 companies.

Aerospace motion and control-technology company Parker Hannifin is acquiring aircraft exhaust systems maker Exotic Metals Forming Company in a $1.56 billion all-cash deal.

Jim Cramer says the consumer economy is in great shape, but the business economy is a different story. He wants the Fed to pay attention.

Parker Hannifin will acquire Lord Corp., a privately held technology and manufacturing company, for $3.7 billion in cash.

Regal Cinemas parent Cineworld is evaluating ways to generate liquidity and possibly restructure the balance sheet, a media report says..

If you’re walking out of a big-box grocery retailer feeling as if you’ve dug a lot deeper at the checkout, you’re not imagining things.

Deere's third quarter profits "reflected higher costs and production inefficiencies driven by the difficult supply-chain situation," said CEO John May.