Worries that the United States and China were digging in for a longer, costlier trade war weighed on financial markets on Monday as Beijing accused Washington of harboring "extravagant expectations" for a deal to end their dispute.
Tesla's stock and bonds tumbled on Monday as investors worried about the automaker's cash burn and problems with an Autopilot system that CEO Elon Musk has held out as key to the electric car maker's future.
U.S. footwear companies, including Nike Inc and Under Armour, on Monday urged U.S. President Donald Trump to remove footwear from the proposed tariffs list on goods imported from China.
American Airlines Group Inc has filed a lawsuit against two unions representing its mechanics, asking the court to halt what it called an illegal slowdown that it said on Monday threatened to disrupt U.S. summer travel.
A federal judge said Walmart Inc, Target Corp and Bed Bath & Beyond Inc must face a lawsuit claiming they sold linens that were falsely labeled "100% Egyptian Cotton" or "100% Long-Staple Egyptian cotton" despite being suspicious of their origin.
Oil prices edged up on Tuesday on signs that producer club OPEC will continue withholding supply this year and as tensions between the United States and Iran escalated.
Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the No. 2 automaker $600 million annually.
| S&P » | 2,840.23 | -0.67% |
| Dow » | 25,679.90 | -0.33% |
| FTSE 100 » | 7,310.88 | -0.51% |
| Nikkei 225 » | 21,238.97 | -0.29% |
| US 10YR |
+2.419
|
+0.000 |
| DE 10YR |
-0.081
|
+0.007 |
| JP 10YR |
-0.044
|
+0.000 |
| USD / EUR » | 0.8956 | +0.07% |
| USD / GBP » | 0.7857 | +0.00% |
| USD / JPY » | 110.1300 | +0.07% |