Shares of major gun manufacturers rose in trading Monday following the deadliest mass shooting in modern US history. Meanwhile, casino stocks have dropped.
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What you need to know on Wall Street today
Hello. Here's what you need to know on Wall Street today.
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In other news, the head of a $55 billion fund at First Eagle points out the risks everyone else on Wall Street is missing. And the head of investment themes at UBS explains the big trends every investor should know.
Nasdaq is shaking up one of its legacy units and Shake Shack founder Danny Meyer is jumping into finance with a $220 million fund.
A Catalan split from Spain could be even worse than Brexit, and Toys R Us is banking on futuristic tech to save its business after bankruptcy.
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In markets news:
- Stocks are flashing a major sell signal
- Euro drops after Catalan leader says the region has 'won the right' to independence
- The US dollar is climbing
- Here's a super-quick guide to what traders are talking about right now
- Hedge funds are 'dancing on the rim of a volcano'
- DEUTSCHE BANK: GM could release a self driving car 'within quarters, not years'
- SUNTRUST: Nvidia's next big bet could deliver 'significant revenue' soon
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