Wall Street rises on Mexico relief, Dow up a sixth day

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Reuters Business News Your Evening Briefing       Tweet       Share Wall Street rises on Mexico relief, Dow up a sixth day U.S. stocks extended their recent climb on Monday, with the Dow reaching its longest daily winning streak in 13 months after the United States dropped plans to impose tariffs on Mexican goods and a couple of multibillion-dollar deals boosted the market. Salesforce bets on big data with $15.3 billion Tableau buy Salesforce.com Inc agreed on Monday to buy big data firm Tableau Software Inc for $15.3 billion, adding muscle in its fight with Microsoft Corp for a bigger share of the market that helps businesses target customers with tools to analyze and visualize data. Trump ready to slap more tariffs on China after G20 meeting U.S. President Donald Trump said on Monday he was ready to impose another round of punitive tariffs on Chinese imports if he does not reach a trade deal with China's president at a Group of 20 summit later this month. Trump says he has scheduled talks with China's Xi during G20 summit President Donald Trump said on Monday he expected Chinese President Xi Jinping to be at the Group of 20 summit in Japan this month and the two are scheduled to talk at the gathering of leaders from the top industrialized and emerging economies. Global stocks climb with bond yields on trade optimism Equities around the world rose on Monday while U.S. Treasury prices fell as risk assets were in demand after the United States shelved plans to impose tariffs on Mexico, easing worries the global economy would face another trade war. Trump says United Tech, Raytheon deal may hurt competition U.S. President Donald Trump gave mixed signals Monday as to whether he believed the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp should go forward, while the Pentagon indicated it would take a hard look at the deal. Oil falls 1% amid U.S.-China trade dispute, uncertainty on supply cuts Oil prices fell more than 1% on Monday as U.S.-China trade tensions continued to threaten demand for crude and as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal. Pentagon in talks with industry on United Technologies and Raytheon merger: statement Pentagon leadership is engaging with industry leadership to understand the implications of the United Technologies Corp merger with Raytheon Co, a Pentagon official said on Monday. Exclusive: Some big tech firms cut employees' access to Huawei, muddying 5G rollout Some of the world's biggest tech companies have told their employees to stop talking about technology and technical standards with counterparts at Huawei Technologies Co Ltd in response to the recent U.S. blacklisting of the Chinese tech firm, according to people familiar with the matter. United Technologies, Raytheon slip after Trump comments on mega deal Shares of defense contractor Raytheon Co and United Technologies Corp pared gains on Monday after U.S. President Donald Trump said he was a "little concerned" about their $121 billion merger to create a new aero-defense company. U.S. job openings slip; hiring hits all-time high U.S. job openings fell slightly in April, but a surge in hiring to a record high suggested strong demand for labor before a recent escalation in trade tensions that was partly blamed for a sharp slowdown in employment growth last month. Related Videos CEOs say abortion restrictions 'bad for business' Business Chinese entrepreneurs take on rural German town Business Introducing the all-new Reuters News app The new Reuters News app is here, redesigned from the ground up to fit your busy life. Get it now on iOS Your world. Your news. More Newsletters Get Reuters News App Get Reuters TV App               © 2019 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036 Email Preferences    |   Privacy Policy    |   Terms and Conditions