Daily Market Preview: Hurricane Irma Gathers Pace & Daily News Does a Deal
This is your daily market preview:
1. European stocks opened higher Tuesday as global financial markets cautiously return to the risk table and eye the start of trading on Wall Street after the U.S. Labor Day holiday.
2. Russia's Vladimir Putin and China's Xi Jinping both fired broadsides at President Donald Trump Tuesday during a summit of emerging market economies that underscored the growing divide between global superpowers on trade, climate and foreign policy.
3. Investors looked to the staggering bill for Hurricane Harvey and braced for a dangerously gathering storm in the Caribbean that is expected to hit South Florida later this week.
4. Chicago-based Tronc (TRNC) , which owns the Chicago Tribune and Los Angeles Times among other newspapers, announced Monday that it was purchasing New York's Daily News.
5. U.S. stock futures were lower on Tuesday, Sept. 5, as Wall Street returned from the Labor Day holiday, European shares tuned mixed and Asian shares finished the session mixed as nerves remained on edge following North Korea's latest nuclear test.
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