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Wall Street edges higher ahead of Apple results, S&P hits record

- U.S. stocks rose on Monday morning with the S&P touching a new intraday high and the Nasdaq inching closer to its record intraday high ahead of Apple's results after the close.

Recent Business News

Deflation? Oil's 45 percent rebound could be markets' next headache

LONDON - Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.

6:23am EDT

Investors question Deutsche Bank's overhaul

FRANKFURT - Deutsche Bank's biggest strategic overhaul under co-chief executives Anshu Jain and Juergen Fitschen got a thumbs down from investors on Monday who judged it too little too late. | Video

11:29am EDT

For Hong Kong regulator, HSBC presents major challenges

HONG KONG - A move by British banking giant HSBC to relocate its headquarters back to Hong Kong would present major challenges to the city's banking watchdog, regulatory experts said.

7:50am EDT

VW investors hope Piech exit may usher in change

BERLIN - Investors hope that Volkswagen will be able to revive profitability at its core division, cure underperformance overseas and bury lingering plans for acquisitions after the resignation of Chairman Ferdinand Piech. | Video

11:00am EDT

French IT firm Cap Gemini to buy U.S. rival IGATE for $4 billion

PARIS - Cap Gemini SA , a French information technology services company, said it will buy U.S.-based rival IGATE Corp for $4 billion in a deal that would make North America into its biggest market and hand IGATE's founders a $1 billion windfall.

12:31pm EDT

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