Prime Minister Theresa May and Global Oil Prices - This is What You Need to Know
This is what you need to know on Monday:
1. Investors question the fate of domestic tax reform and fret over signals from bond market yields for the broader economy.
2. A report from Britain's Sunday Times newspaper suggests Conservative party lawmakers are preparing a leadership challenge against Prime Minister Theresa May.
3. The U.K. pound fell sharply against the U.S. dollar overnight. The pound was marked 0.75% lower from Friday's close in early London trading to change hands at a near one-month low of 1.3095.
4. Global oil prices were little-changed overnight, but holding above two-year highs even amid signs that U.S. producers are getting ready to ramp up output into the final months of the year.
5. U.S. equity futures suggest a positive start to the week on Wall Street.
Watch More with TheStreet:
- Why Apple Could Gain Another 12%
- What Does Alibaba Actually Do?
- House GOP Tax Plan Smacks the Middle Class
- Veterans Day Freebies That Are Likely in Your Neighborhood
Don't miss the best videos of the week. Put Wall Street on Rewind and sign up for our weekly newsletter.









