CNBC Daily Open: Oil deals and awaiting tech earnings

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Markets start the week with optimism ahead of earnings reports from large tech companies and as Chevron bets big with Hess.

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribeon Monday as Treasury yields retreated from their highs. Investors awaited the release of corporate earnings from tech giants includingearlier this month.

Markets had an eventful start to the week, with just enough optimism ahead of Big Tech earnings reports to help the Nasdaq close higher for the first time in five sessions. Deal making was also at play on Monday as Chevron bet big on buying Hess to compete with larger rival Exxon Mobil.highs in Treasury yields and worries about how that stands to affect the American economy. Some analysts think the benchmark 10-year yield could still have further room to run.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Paramount's Shari Redstone is open for business, but business may not be open for herParamount Global controlling shareholder Shari Redstone is open to doing a transformative deal, but market conditions are making it very difficult.
Source: NBCNewYork - 🏆 270. / 63 Read more »