Merger Monday: Weekend M&A News Appears To Lift Market’s Sagging Spirits

SectorFinancial Markets

Getty Images Getty Images Key Takeaways: M&A news appears to be giving market a positive tone early on Oracle ORCL shares blast higher on news reports of TikTok partnership Fed, Apple event among key developments to watch this week Maybe a little M&A can warm up a market that’s been cooling in the fall breeze. Two big mergers and acquisitions over the weekend—along with media reports that China had chosen Oracle (ORCL) to be the technology partner with TikTok—appeared to lift spirits on Wall Street this morning following the first back-to-back weekly losses since May. Stocks were up in pre-market trading, and that includes the sputtering Tech sector. more...