Recovery of stock indices and markets after a fall, corporate and financial news
Market Reviews
• Markets started the week with a day of consolidation following their best week of the year on expectations of more than a soft landing for the US economy, or no landing at all, as many analysts expect it to continue to grow 2-3%. S&P 500 and Nasdaq futures are ahead by 0.2% or so, while the Nikkei is flat, up nearly 9% last week. The euro held above $1.1000 and the pound sterling hit its highest level in a month at $1.2953.
• Federal Reserve members Mary Daly and Austan Goolsbee over the weekend raised the possibility of monetary easing in September, while minutes...