 | | | | The S&P 500 Index closed slightly lower on Monday after erasing early gains as worries about the Delta variant of the coronavirus and a slowing U.S. economy overshadowed optimism around more fiscal stimulus and a strong second-quarter earnings season. Federal Reserve Governor Christopher Waller said late in the session that the Fed could start to reduce its support for the economy by October if the next two monthly jobs reports each show employment rising by 800,000 to 1 million, as he expects. | | | | | | U.S. Treasury Secretary Janet Yellen on Monday took additional steps to preserve the federal government's borrowing capacity under a reinstated debt limit, suspending some investments in government employee retirement and health benefits funds. | | | | | | Market turbulence caused by Beijing's clampdowns on its tech, education and property sectors drove trading in U.S.-listed Chinese stocks to a record high in dollar terms last month, data shows. | | | | | | Micron Technology Inc (MU.O) on Monday declared a quarterly dividend of 10 cents per share. | | | | | | Cryptocurrency investment products and funds posted outflows for a fourth consecutive week, the bulk of which came from bitcoin products, which also experienced its fourth straight weekly outflow, data from digital asset manager CoinShares showed on Monday. | | | | | | AT&T Inc's (T.N) satellite television provider, DirecTV, will become a standalone video business as part of a deal between the wireless service provider and buyout firm TPG Capital. | | | | | | The S&P 500 Index closed slightly lower on Monday, after erasing early gains as worries about the Delta variant of the coronavirus and a slowing U.S. economy overshadowed optimism around more fiscal stimulus and a strong second-quarter earnings season. | | | | | | The divorce between Bill Gates and Melinda French Gates, cofounders of one of the world's largest private charitable foundations, was finalized on Monday, a court document showed. | | | | | | China's government quietly issued new procurement guidelines in May that require up to 100% local content on hundreds of items including X-ray machines and magnetic resonance imaging equipment, erecting fresh barriers for foreign suppliers, three U.S.-based sources told Reuters. | | | | | | Federal Reserve Governor Christopher Waller on Monday said the U.S. central bank could start to reduce its support for the economy by October if the next two monthly jobs reports each show employment rising by 800,000 to 1 million, as he expects. | | | | | |
