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Instagram, the photo-focused social-media site, will pause work on its site aimed at kids and do more research.
Benchmark 10-year note yields traded past 1.5% for the first time since June Monday, suggesting a resurgent 'reflation trade' that could carry market interest rates higher into the end of the year.
Pfizer says it will test an oral antiviral designed to prevent Covid-19.
A three-year high for oil prices has the Dow trading higher Monday, but rising Treasury yields, and a looming global power crisis, are holding down broader gains on Wall Street.
Stocks moving in premarket trading Monday include Carnival, Tesla, Airbnb, Pfizer and Occidental Petroleum.
Leading up to June 2023, $225 trillion of LIBOR contracts will transition to SOFR. “We describe it as this barge of liquidity waiting at harbor,” ARRC Chairman Tom Wipf tells us in an interview.
Polestar, a Swedish EV maker that includes Leonardo DiCaprio as one of its early investors, will go public via a $20 billion SPAC listing on the Nasdaq.
British engineering group Rolls-Royce will make new engines for the USAF's B-52 Stratofortress bomber at its U.S. manufacturing base in Indianapolis.
Stock futures mixed amid energy rally, Pelosi sets Thursday vote on $1 trillion infrastructure bill; Oil prices hit 3-year high near $80 a barrel; Germany elections fail to deliver Merkel's successor; Wall Street week ahead.