Bonds & Stocks
US stock futures dipped and Treasuries rose to kick off a week that will be shaped by the extent of progress toward a peace deal for Ukraine and signals from the Federal Reserve on interest rates. Contracts for the S&P 500 fell 0.1% after the benchmark closed near an all-time high last week.
Economy
Oil switched between small gains and losses as investors turned their attention to Donald Trump’s meeting with Volodymyr Zelenskiy on Monday, as the Ukrainian leader faces US pressure to reach a peace deal with Russia that would involve ceding territory. Brent traded near $66 a barrel after closing 1.5% lower in the previous session.
World
China’s exports of rare earth products — including magnets — extended their recovery in July, months after Beijing threatened a disruptive global shortage by crimping supplies to fight a trade clash with US President Donald Trump.