Bayer was ordered to pay more than $2 billion by a jury in a Georgia state court in the latest legal case surrounding alleged cancer risk tied to its Roundup weed killer.
UBS analysts on Monday upgraded the shares of several U.S. steelmakers, citing Trump's "tariff support."
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Investors welcomed reports that the next wave of President Trump's tariffs will be more targeted than threatened.
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Inflation in both goods and services prices accelerated in March to the fastest pace in 23 months, hitting a 31-month high in manufacturing, S&P Global said.
Shares of Williams-Sonoma rose Monday as it and three other companies were added to the benchmark S&P 500 index before trading opened.
Smithfield Foods stock rose Monday after the pork producer announced that it had been added to the Russell 1000 Index.
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Tech stocks were leading the market rally early Monday as positive news on tariffs continued to support a rebound after the S&P 500 entered correction earlier this month.