Bonds & Stocks
US equity futures declined as artificial-intelligence concerns damped sentiment, with Wall Street poised to resume trading after a holiday break. Treasuries edged higher and gold slid.
Economy
Federal Reserve Bank of Chicago President Austan Goolsbee said Monday there is potential for more interest rate cuts this year, if inflation continues to return towards the central bank’s 2% target.
World
A third round of US-led negotiations on ending the Kremlin’s war on Ukraine began in Geneva on Tuesday, though there’s little optimism that a breakthrough can be reached to halt the fighting.