| | | Nasdaq, tech shine as earnings pick up; Dow, S&P lag | | | NEW YORK (Reuters) - The Nasdaq hit a record high on Monday ahead of a big week of technology earnings reports, while the S&P 500 and the Dow industrials lagged behind as losses in healthcare heavyweight Johnson & Johnson took a toll. |
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| | | Blue Apron shares surge on Wall Street's upbeat outlook | | | NEW YORK (Reuters) - Shares of Blue Apron Holdings Inc jumped as much as 20 percent on Monday, reversing some of their heavy losses from the past few weeks, after several brokerages initiated coverage of the meal-kit service with a bullish outlook. |
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| | | Oil rises 1 percent after Saudi vows to cap crude exports next month | | | NEW YORK (Reuters) - Oil rose more than 1 percent on Monday, after leading OPEC producer Saudi Arabia pledged to cut exports in August to help reduce the global crude glut, and Halliburton Co's executive chairman said the U.S. shale drilling boom would probably ease next year. |
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| | | KKR to buy WebMD in $2.8 billion deal | | | (Reuters) - Private equity firm KKR & Co has agreed to buy WebMD Health Corp in a deal valued at about $2.8 billion, bringing a slew of popular online health information websites under one umbrella. |
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| | | U.S. dollar, bond yields edge up, with focus on Fed | | | NEW YORK (Reuters) - The U.S. dollar rose from its lowest level in more than a year and U.S. Treasury yields climbed on Monday as investors braced for news from this week's U.S. central bank meeting and possible hints on when the next interest rate hike is coming. |
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| Fintech lingo explained | | | The world of financial technology - also known as "fintech" –involves lots of buzzwords, jargon and often obscure terminology. |
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