These are the stocks posting the largest moves before the bell.Market Insiderread more
Target beats second-quarter earnings expectations thanks to an increase in traffic and sales. The retailer also boosts its full-year estimates.Retailread more
Bank of America CEO Brian Moynihan is not worried about an economic slowdown as the U.S. consumer is still in a strong place.Banksread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Fitbit is hoping to shift its business model from relying on hardware sales to selling health plans and governments on software and services.Technologyread more
Lowe's also tops rival Home Depot on same-store sales growth in the U.S.Retailread more
"As long as the trade situation remains fluid, it will present an additional layer of uncertainty and complexity as we plan our business," Target CEO Brian Cornell said.Retailread more
Hedge funds are steering away from battered tech and semiconductor stocks, while bottom-fishing in health care names, according to Goldman Sachs.Marketsread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
Dow to open higher; strong retail earnings; Gundlach says Fed lost control; negative-yielding corporate debt soars; and Trump on payroll tax cutMarketsread more
Retail investors would feel the impact of a cryptocurrency market collapse the most, while institutional investors would be better protected against such an event, according to researchers.
"At this stage, we think that retail investors would be the first to bear the brunt in the event of a collapse in cryptocurrencies' market value," a report released by S&P Global Ratings said Monday.
"We expect rated banks to be largely insulated, given that their direct or indirect exposure to cryptocurrencies appears to remain limited."
Cryptocurrencies dropped in price significantly amid a sharp sell-off earlier this month. The nascent market has recovered slightly following that decline, but the so-called market capitalization — the price of cryptocurrencies multiplied by circulating supply — is still around $330 billion off a record high posted last month.
Nevertheless, the S&P Global Ratings report said that a huge drop in the value of cryptocurrencies would still be unlikely to disrupt financial markets.
"For now, a meaningful drop in cryptocurrencies' market value would be just a ripple across the financial services industry, still too small to disturb stability or affect the creditworthiness of banks we rate," Mohamed Damak, S&P Global Ratings financial institutions sector lead, said in a statement Monday.
Digital currencies are not backed by governments and authorities have become increasingly concerned by them due to speculative investing and associated illicit activities.
"We believe that the future success of cryptocurrencies will largely depend on the coordinated approach of global regulators and policymakers to regulate and enhance market participants' confidence in these instruments," Damak added.
It said that cryptocurrencies' underlying blockchain technology could lead to "positive" disruption in finance. Blockchain networks are decentralized, and maintain a continuously growing record of cryptocurrency transactions.