These are the stocks posting the largest moves before the bell.Market Insiderread more
Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held, for a total value of $188.24 per Allergan share.Biotech and Pharmaceuticalsread more
Amazon announced on Tuesday that Amazon Prime Day will last for two days and starts on July 15 and runs through July 16.Technologyread more
"What else do you have to do that will actually have to affect the Iranians' calculus?" said Amos Hochstein, who served as U.S. special envoy for international energy affairs...World Politicsread more
Reports of tensions may have been sparked by Kraft Heinz's underperformance and because of accounting problems at the packaged goods company.Investingread more
The major indexes have stretched to all-time highs and are riding one of their best first halves in decades.Trading Nationread more
FedEx heads into Tuesday afternoon's earnings deep in a bear market. A failure to deliver could mark a massive buying opportunity.Trading Nationread more
SpaceX used its high speed boat called "Ms. Tree" to catch the nosecone its Falcon 9 rocket after Monday's launch.Investing in Spaceread more
FedEx sued the U.S. government, saying it should not be held liable if it inadvertently shipped products that violated a Trump administration ban on exports to some Chinese...Traderead more
After Taylor Swift released her latest music video "You Need To Calm Down," LGBTQ advocacy organization GLAAD saw a surge in donations. The video drew some criticism around...Entertainmentread more
The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
The stock market has been trading close to record highs thanks to low gas prices, as well as continued job growth in the United States, a stock market observer said Monday.
"We continue to chug along with over 200,000 jobs per month. Even without big wage increases, that still is going to help out aggregate personal income," David Rosenberg, a chief economist and strategist at Gluskin Sheff, said on "Squawk on the Street. " "I think the outlook for the consumer, especially the beaten down, low-end group, is actually going to be quite constructive over the course of the next few months."
After all, with more people working, more money is being put back into the economy. Though some are concerned about a lack of wage growth, Rosenberg said it's kind of a "double-edged sword" because on the one hand lower wages keeps prices down, but also means people have less money to put back into the economy. He thinks wages will climb in the next year, though.
Reduced energy prices are a "godsend" for companies, too, because it now costs less to operate, making their business more profitable, Rosenberg said. Lower gas prices mean people have more money to spend on other things, too, like clothing or dining out. All of that bodes well for companies, often helping push their stocks higher, too.
It seems the stock market has priced in gains from its Oct. 15 bottom, though, especially considering valuations, he said.