Wall St opens flat as investors await inflation data
Wall Street's main indexes opened unchanged on Monday as investors remained on the fence ahead of key inflation data later this week, while heavyweight technology shares largely shrugged off a deal by the world's richest nations on a global minimum corporate tax.
July 2021: The Next Full Moon is the Buck Moon
The next full Moon goes by many names including the Buck Moon.
EXCLUSIVE Some on Wall Street try options trade to bet against AMCSome Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc (AMC.N) and other 'meme' stocks this week through a type of wager in the options market that would limit their losses should retail investors behind the run-up prove them wrong.
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Wall Streeters outpace Europeans back to officeAmerican banks could steal another march on their European rivals. JPMorgan (JPM.N) Chief Executive Jamie Dimon and Goldman Sachs’ (GS.N) David Solomon want staff back at their New York and City of London desks at least some of the time this summer. Barclays (BARC.L), Deutsche Bank (DBKGn.DE) and HSBC (HSBA.L), (0005.HK) are being laxer. Sidewalk-pounding bankers working at Wall Street firms might win more facetime with clients, and an even greater share of deals.
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GameStop earnings, Colonial Pipeline hearing and inflation data top week aheadGameStop earnings, Apple's developer conference, and a hearing on the Colonial Pipeline hacking are among the big events that will capture investor attention in the coming week.
Treasury yields largely flat on the back of weaker jobs reportBonds yields were largely flat with only marginal upward movement on Monday as investors continued to digest Friday's jobs report.