European stocks and the euro pulled back on Monday from highs touched after pro-European centrist Emmanuel Macron's emphatic but well-flagged victory in France's presidential election as investors' focus shifted from politics to monetary policy.
The U.S. Federal Reserve has now met its employment goal and is nearing its inflation goal, despite some weak recent economic data, so it should continue raising interest rates, Cleveland Fed President Loretta Mester said on Monday.
Tyson Foods Inc (TSN.N), the No. 1 U.S. meat processor, reported a 21.3% slump in quarterly profit as a fire at two of its plants in the period disrupted chicken production, hurting sales volumes at the company's second-biggest business.
On May 3, 2017, Eurex, Europe’s largest derivatives exchange and part of Deutsche Börse Group, introduced futures on six iSTOXX Europe Factor Indices. The launch marks a major milestone, as for the first time European Factor Futures are listed with a tradeable order book on an exchange.
A slump in crude oil prices to the lowest in almost six months rattled markets on Friday, prompting a rally in safe-haven bonds, the yen and gold and taking the shine off a record-breaking week for world stocks.