The Nasdaq opened lower on Monday, dragged down by a more than 2 percent fall in Apple Inc shares, while a jump in energy stocks supported the S&P 500 and the Dow Jones industrial index.
Oil prices recovered some ground on Monday after five days of heavy losses as the United States imposed a range of punitive sanctions on Iran, aiming to curb exports by the Islamic Republic, including its sales of fuel.
Lowe’s Companies Inc is closing 20 underperforming stores in the United States and 31 in Canada as part of a restructuring, the home improvement retailer said on Monday.
Iran is not concerned about reimposed U.S. sanctions and will not yield to pressure to change its policies, a senior Iranian official said on Monday.
Goldman Sachs Group Inc is ahead of its goal to generate $5 billion in additional annual revenue by 2020, having already achieved half that amount in the first nine months of this year, the Wall Street bank said on Monday.
The United States announced a new raft of sanctions on Iran on Monday and threatened further action to pressure its old adversary, steps the Islamic Republic condemned as “economic war” and vowed to defy.
The United States has granted exemptions to eight countries allowing them to temporarily continue buying Iranian oil, Secretary of State Mike Pompeo said on Monday, as Washington reimposed sanctions on Iran’s banking, energy and shipping industries.
Iran said it would defy tough sanctions reimposed by Washington on Monday, dismissing as “economic war” the U.S. drive to curb Tehran’s missile and nuclear programs and diminish its influence in the Middle East.
The United States re-imposed and strengthened economic sanctions on Iran’s oil, banking and transportation sectors on Monday after the Trump administration withdrew from the 2015 Iran nuclear deal, and vowed further action to pressure Tehran.
Israeli Prime Minister Benjamin Netanyahu hailed on Monday what he called U.S. President Donald Trump’s courageous decision in reimposing U.S. sanctions on Iran.
Citigroup Inc named Philip Drury to run its London-based banking, capital markets and advisory business across Europe, the Middle East and Africa, according to a memo seen by Reuters.
The top echelons of Goldman Sachs Group Inc’s investment bank hosted a dinner over the summer with the representatives of almost 20 private equity firms at Manhattan’s Legacy Records restaurant.
The United States reintroduced sanctions against Iranian oil on Monday while giving some of Washington’s closest allies exemptions that allow Tehran’s biggest customers, mostly in Asia, to keep buying crude for now.
U.S. stock index futures were little changed on Monday, with little impetus moving markets as election campaigns heat up ahead of crucial U.S. midterm elections and a Federal Reserve meeting this week.
An unprecedented boom in the $280 billion aircraft finance industry is showing signs of faltering as rising interest rates, cut-rate competition and higher oil prices trigger a shakeout in a sector that has attracted a flood of Chinese funding.
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