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Europe close: Stocks end mixed despite deluge of M&A news
European shares finished on a mixed note on Monday despite takeovers dominating the news at the start of the week, with private equity outfit Apollo active on two fronts.
Tuesday preview: UK employment, EasyJet in the spotlight
The market spotlight on Tuesday would shift away a little from the US, barring surprises.
Sector movers: Industrial Transportation, Travel and Leisure pace gains
Industrial Transportation shares paced gains on the stock market at the start of the week, alongside Travel and Leisure issues.
Morgan Stanley's Mike Wilson cautious on outlook for S&P 500 earnings
Morgan Stanley strategist Mike Wilson cautioned clients that large-cap stock market indices were exposed to the risk of sudden falls as seen in the regional bank index and in small caps.
US Empire State manufacturing index jumps in April
Factory sector activity in the Federal Reserve Bank of New York's district improved sharply in April, the results of a survey revealed.
G7 Russian and Australia to keep Russian oil price cap at $60 per barrel
G7 countries and Australia decided to maintain the current $60 a barrel price cap for seaborne crude oil supplies from Russia.
Charles Schwab posts mixed Q1 results, reports 1m new client accounts
Charles Schwab posted better-than-expected first quarter profits, although revenue growth came in a bit shy of the Street's estimates.
State Street Q1 profits impacted by provisions, lower revenues
State Street posted lower than expected first quarter profits due in part to its provisions for credit losses.
ECB's Kazaks says 25bp rate hike possible in May
A top European Central Bank official left the door open to a downshift in the pace of interest rate hikes.
JP Morgan spies signs of rotation away from cyclicals
Equity strategists at J. P. Morgan reiterated their call for a rotation in investors' investment style away from so-called Value stocks and towards Growth and Defensive.
JP Morgan stays at 'buy' on National Grid highlighting 'solid' balance sheet
Analysts at J. P. Morgan reiterated their 'overweight' recommendation for shares of National Grid in anticipation of increased investor focus on the company's 'solid' balance sheet.