Stocks edge lower on mega-cap tech losses as investors await the Fed

US stocks edged lower on Monday as losses in mega-cap tech offset gains in utilities and real estate. President Trump continued his pressure on the Federal Reserve to lower interest rates ahead of the central bank's meeting this week. Shares of Mylan skyrocketed as much as 20% after the drugmaker agreed to a merger with Pfizer's off-patent drug unit. Visit the Markets Insider homepage for more stories.

US stocks edged lower on Monday as losses in mega-cap tech offset gains in utilities and real estate. President Trump continued his pressure on the Federal Reserve to lower interest rates ahead of the central bank's meeting this week. Shares of Mylan skyrocketed as much as 20% after the drugmaker agreed to a merger with Pfizer's off-patent drug unit. Visit the Markets Insider homepage for more stories.

Aye right. If only things were so simple.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

These stocks are winners when the Fed decides to start cutting ratesFor investors looking to play the anticipated rate cut, here are the sectors that have done well in the past when the Federal Reserve embarked on easing cycles.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks seen mostly lower amid trade talk skepticismEuropean stocks are set for a muted open Monday as U.S. and Chinese trade negotiators prepare to meet in Shanghai for the first in-person trade talks since a truce was agreed in June.
Source: CNBC - 🏆 12. / 72 Read more »

Asia stocks set to trade lower as US-China trade talks resumeStocks in Asia were set to trade lower on Monday as U.S.-China talks resume in Beijing later this week amid low expectations for a major breakthrough. All fighting for market in africa
Source: CNBC - 🏆 12. / 72 Read more »