Wall Street stagnant as meetings among world leaders, central bankers loom

Get Our Email Newsletter
The companies, people and issues shaping business in Madison and the Capital Region.

Stocks headed somewhat lower Monday, the Associated Press reports, as U.S. President Donald Trump prepared to meet with Ukrainian President Volodymyr Zelenskyy and other European leaders later in the day.

Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq were all down 0.1% before the bell.

Wall Street had a muted reaction to Trump’s inconclusive summit meeting the Russian President Vladimir Putin on Friday, and investors are also awaiting cues from an annual meeting of top central bankers later this week in Jackson Hole, Wyoming.

Soho House climbed 16% after the global membership-based club said it was being taken private by hotel operator MCR.

Advertisement

Dayforce, a human resources software company, shot up more than 28% before the bell on media reports that it is being acquired by Chicago-based private equity firm Thoma Bravo.

Some of the biggest U.S. retailers will report their latest financial results throughout the week, including Home Depot, Target and Walmart.

Digital Partners