The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
Apple bought Tueo Health, which was developing tech to help parents monitor asthma symptoms in children, using a mobile app and commercial breathing sensors.Technologyread more
United Airlines will take its 14 Boeing 737 Max jets off its schedule for another month, through Aug. 3, canceling another 1,290 flights.Airlinesread more
Trade could be a big factor for markets in the week ahead, but investors will also be attuned to fresh inflation data and the bond market, which is flashing new worries about...Market Insiderread more
Mississippi is one of several states that have moved to pass new restrictions on abortion this year.Politicsread more
Check out the companies making headlines before the bell:
Caterpillar — Shares of the industrial giant fell more than 5 percent after the company reported weaker-than-expected quarterly earnings and 2019 guidance. Caterpillar also said it saw weaker sales in the Asia/Pacific region amid lower demand in China.
Grubhub — Grubhub shares jumped 3.4 percent after Credit Suisse upgraded them, citing "increased comfort around return on invested capital on recent initiatives." The bank hiked its rating on Grubhub to outperform from neutral and raised its price target to $130 per share from $125, implying a more than 60 percent upside.
Marathon Petroleum — Marathon Petroleum hiked its quarterly dividend by 15 percent to 53 cents per share.
General Electric – Gordon Haskett analyst John Inch said in a note to investors that GE's upcoming earnings may shift the company's earnings presentation to one based on GAAP, which could "shock" the market. Inch said the practice has been "helping to inflate" GE's earnings.
Vale S.A. – Shares of the Brazilian mining company fell more than 11 percent in premarket trading Monday as rescuers continued to search for hundreds of people missing after a burst mining dam sparked a deadly mudslide. The collapsed dam at Vale's Corrego do Feija mine buried mining facilities and nearby homes in the town of Brumadinho, killing at least 58 people, according to Reuters. A handful of brokerages – including BMO Capital, Jefferies and Macquarie – downgraded the equity over the weekend.
Dropbox – The cloud storage service announced it will acquire electronic signature start-up HelloSign in a $230 million all cash deal. The move gives Dropbox more competitive edge against sector leaders Adobe and DocuSign.