U.S. stocks receded from record highs on Monday as oil weighed on energy shares and investors awaited an avalanche of quarterly reports.
Lackluster demand on a new debt sale generated a bout of selling in the U.S. government bond market on Monday, sending the yield on the two-year note to a one-month high.
WASHINGTON - The Obama administration on Monday announced its plan to start regulating planet-warming pollution from airplanes, setting off a battle between environmentalists and the airline industry.
Shares of Gilead Sciences Inc. declined in Monday's extended session after the biopharmaceutical company lowered its 2016 outlook on product sales despite turning in better-than-expected quarterly earnings.
Sixteen months after first embarking on its historic around-the-world flight attempt, a solar-powered plane is set to complete the last leg of its journey Monday evening with a scheduled landing in Abu Dhabi, United Arab Emirates.