Despite a legal challenge from Exxon Mobil over a Guyana joint venture, Chevrons acquisition of Hess appears poised to move forward pending anticipated approval from the U.S. Federal Trade Commission.
A last-minute plunge in Apples stock price, despite its anticipated index inclusion boost, has sparked debate about the role of index rebalancing and trading strategies in market volatility.
Global markets rallied on hopes of economic stimulus from China and the US, but investors are now awaiting further signals from central banks and economic data releases.