Hopes of a pause in interest rates helped to send stocks higher Monday. The technology sector especially benefited.
China's economy and stocks aren't doing as hot as Japan's. The Shanghai Composite fell around 0.1% and the yuan hit a 6-month low as the People's Bank of Chinain an attempt to boost liquidity. Analysts think it's a signal that the central bank will cut its medium-term and loan prime rate in the weeks ahead.
Goldman Sachs CEO David Solomon told CNBC that commercial real estate's in such a bad shape that his bank will in its real estate investments. Still, Solomon said he's "surprised" by the resilience of the U.S. economy.brought against it by a victim of late sexual predator Jeffrey Epstein, a source told CNBC. However, the bank's litigation with the U.S. Virgin Islands and its claims against Jes Staley, a former executive who was friends with Epstein, are still pending..
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