Saudi Arabia stocks were higher after the close on Sunday, as gains in the Agriculture & Food, Industrial Investment and Media & Publishing sectors led shares higher.
Social media companies were further under the presidential microscope this week.
It’s not every day that Donald Trump gets to call out Warren Buffet for being wrong on something, despite the president’s propensity to tweet about anyone and anything.
The main focus this week will be on Wednesday’s Federal Reserve meeting, with investors on the lookout for clues on how much more, if any, stimulus may be needed. The U.S. calendar also features data on CPI, jobless claims and consumer sentiment. Investors will continue to monitor the steepening yield curve amid a selloff in U.S. bonds. In the euro zone, European Central Bank head Christine Lagarde will likely offer more insights into last week’s larger than expected increase in its stimulus program. Concerns over Chinese growth could also be on the radar after weak trade data on Sunday. Here’s what you need to know to start your week.
European stock markets sold off Thursday, consolidating after recent strong gains ahead of the latest meeting of the European Central Bank.