The pan-European stocks benchmark index was up 0.2% by 0818 GMT at the start of a week that is expected to be dominated by meetings at major central banks.
Stocks have rallied since a steep fall in May on hopes that major central banks would ease monetary policy to stave off any further slowing in global growth as trade war risks persist. U.S. and Chinese trade negotiators will meet in Shanghai this week for their first in-person talks since a G20 truce last month, but expectations are low for a breakthrough.
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Europe stocks nudge up on M&A and earnings news, as LSE surges while Heineken fizzlesMerger and earnings news stirred European stocks on Monday, with broader markets quiet ahead of a key U.S. interest-rate decision.
Source: MarketWatch - 🏆 3. / 97 Read more »
Pfizer and Mylan reportedly near merger deal for low-priced drugsOne company makes Xanax and Viagra. The other makes the popular EpiPen drug for people with allergies. Now they may be close to merging. You went crazy over sprint and t-mobile yesterday but this is a big win ? This proves beyond a shadow of a doubt where your priorities lays. Not a peep out of democrats and you reporting it as a good deal. This is a shame. This is why we have President Trump. Nonononononononono Hmmm, with lesser competition, it's easier for big corporations to dictate and control prices. I hope this low-price drug market goal is going to happen.
Source: CNN - 🏆 4. / 95 Read more »