MARKET SNAP: At 6:05 a.m. ET, S&P 500 futures down 0.1%. 10-Year Treasury yield flat at 2.78%. Nymex down $1.25 at $101.33. Gold 0.4% lower at $1336.20.
Chinese stocks dropped sharply on Monday while the renminbi resumed its decline against the US dollar after Chinese trade data showed a dramatic fall-off in exports last month.
Efforts by leading central banks to provide guidance about the likely future path of monetary policy have reduced the volatility of interest rate expectations in financial markets, but may not have provided additional stimulus to their respective economies, ...
LONDON - Chiquita Brands International said Monday that it had agreed to acquire Fyffes, an Irish fruit and produce distributor, in an all-stock transaction that values Fyffes at about $526 million.
BEIJING - China's auto sales rose 11.3 percent in the first two months of the year but local brands suffered a decline in a sign of intense competition in the world's biggest auto market.