Futures for all three of the major indices are up Monday after President Donald Trump announced that the U.S. and Mexico reached a deal. Dow futures were more than 200 points higher after Trump confirmed that he would not be imposing a 5% tariff on Mexican goods.
United Technologies Corp. agreed on Sunday to combine its aerospace business with U.S. contractor Raytheon Co. and create a new company worth about $121 billion, in what would be the sector’s biggest ever merger.
FANG — Wall Street’s widely used acronym for Facebook, Amazon, Netflix and Google parent Alphabet — has lost nearly half a trillion dollars in market value since each stock’s 52-week high. Alphabet has been the biggest loser, shedding $173 billion since April.
