Following their second worst day of 2019 on Friday, stocks are struggling in an attempt to rebound as the new week begins.
U.S. stock futures were slightly higher this morning after their second worst day of 2019. Futures have been volatile in the wake of the Friday sell-off and the weekend release of the Robert Mueller report on the Russia investigation. div > div.
President Donald Trump began his victory lap over Mueller's findings with a post on Twitter that read, simply:"No Collusion, No Obstruction, Complete and Total EXONERATION. KEEP AMERICA GREAT!" Apple is set to unveil new video and news services today at an event at its California headquarters. The launch of the two subscriptions will culminate nearly 10 years of Apple interest in distributing news and TV content.
Fiat Chrysler rebuffed a merger approach from Peugeot parent PSA Group earlier this year, according to the Wall Street Journal. However, the FT reports that the company's chairman, John Elkann, is making a renewed push to team up with another automaker. Allergan said it would split its chairman and chief executive roles, but not until its next leadership change. Activist investor Appaloosa has been pushing for an immediate split of the two roles.
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