U.S. stock futures retreated on Monday, suggesting that the recent rally in the stock market could pause this week as investors parse fourth-quarter results to see how higher interest rates are affecting major companies.
Investors in the stock market who are hoping for a period of calm after a tumultuous 2022 can take comfort in the fact that history and options traders are on their side.
The FTSE is clearly trading at a significant discount not only to global indices but also to its historic average.
Norwegian Cruise Line's shares dropped 3.3% after a downgrade to underweight from equal weight by Morgan Stanley.
Canaccord Genuity Group Inc.'s management team is looking to take the company private in a C$1.13 billion (approximately $840 million) deal, taking advantage of a drop in the share price after last year's turmoil in capital markets.