Bonds & Stocks
Stocks rebounded after the worst slide this year, with traders gearing up for Nvidia Corp's earnings and key inflation data later this week. A renewed wave of dip buying pushed the S&P 500 higher, following a drop fueled by softer-than-forecast economic data, a jump in consumers' inflation expectations and a massive expiration of options.
Economy
Apple Inc., as it seeks relief from US President Donald Trump’s tariffs on goods imported from China, said that it will hire 20,000 new workers and produce AI servers in the US. The company said Monday that it plans to spend $500 billion domestically over the next four years, which will include work on a new server manufacturing facility in Houston, a supplier academy in Michigan and additional spending with its existing suppliers in the country.
World
Qatar’s effort to sell liquefied natural gas from a massive expansion project is being complicated by Chinese and Indian buyers demanding lower prices and more favorable terms.