|
*
World markets fell, but less sharply than expected and analysts
attributed the relatively muted reaction to expectations the
European Central Bank would act to limit any damage.
* The ECB's governing council began a conference call at 1000
GMT (6 a.m. ET) Monday to decide how long to keep Greek banks
afloat. German Chancellor Angela Merkel and French President
Francois Hollande will meet in Paris in the afternoon.
* Greece's finance minister quit and Prime Minister Alexis
Tsipras said his government was ready to return immediately to
negotiations with creditors in a bid to open shuttered banks.
* Data due on Monday is expected to show that the pace of growth
in the U.S. services sector slowed in June from the previous
month. The Institute for Supply Management's services index data
is expected at 10 a.m. ET.
* U.S. stocks closed slightly lower on Thursday ahead of the
long holiday weekend and as investors digested mixed jobs data
which dampened the economic outlook.
* Some analysts say the combination of the Greek crisis and
tepid employment data puts off a September rate hike by the
Federal Reserve. The Fed has said it will raise rates only when
it sees a sustained economic recovery.
* Health insurer Humana's shares rose 3.7 percent to $194.50 in
premarket trading after bigger rival Aetna said on Friday it
would buy the company for about $37 billion. Aetna fell 6
percent at $118.05.
(Editing by Savio D'Souza)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
