Today's Top Stories - May 4, 2015  

 

BEWARE THE BELL! U.S. stock index futures suggested a higher Wall Street open on Monday, following European and Asian markets higher More

EUROPE: European equities were trading higher Monday, although the U.K.'s FTSE 100 index was closed for a public holiday More

ASIA: Asian stocks pared losses and edged up on Monday, as less-than-stellar data from China fueled bets that Beijing will unveil further support measures to prop up its stumbling economy More

OIL: Oil rose to $67 a barrel on Monday to reach a 2015 high, supported by expectations the supply glut will ease and after weak Chinese factory activity reinforced views that stimulus measures would be rolled out More

Is Big Oil getting its groove back? Energy stocks have seen a strong bounce over the past month and a half. Have they turned a corner for good? More

Beware, oil rally is 'premature': Analyst Anyone hoping the recovery in oil prices is here to stay could be in for a rude awakening, as prices could fall below $50 a barrel on a glut of supply, a commodities expert warned on Monday More

GOLD: Gold rose on Monday as prices rebounded from the previous session's six-week low, but remained under pressure as the dollar firmed and buyers remained cautious on the timing of a U.S. interest rate hike More

All eyes on the Golden Arches with McDonald's to push turnaround plan As its challenges mount, restaurant watchers are wondering: can the Golden Arches turn it around? More than seven decades after it first began flipping burgers, McDonald's will unveil on Monday a highly anticipated plan to juice company results and modernize the fast food giant's struggling operations More


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