North American Morning Briefing: Investors Focused on Fed Again as European Political Unease Adds to Caution - News Summed Up

North American Morning Briefing: Investors Focused on Fed Again as European Political Unease Adds to Caution


Diamond Offshore Drilling was up 6.8% after agreeing to be acquired for about $1.6 billion in a cash-and-stock deal by Noble. Post Close MoversKKR, CrowdStrike and GoDaddy will all join the S&P 500 later this month, S&P Dow Jones Indices said. "The strong employment report increases the risk of the Fed providing a more hawkish policy update," it said. The euro slid to a one-month low against the dollar after European elections sparked concerns that European unification "appears gradually more fragile," Commerzbank said. Expected Earnings for Monday3D Systems Corp (DDD) is expected to report $-0.11 for 1Q.


Source: Wall Street Journal June 10, 2024 10:31 UTC



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