Sen. Lindsey Graham, R-S.C., is working on a new version of his previous bill to repeal and replace
U.S. property and casualty
Assured Guaranty Ltd. and Assured Guaranty Municipal Corp. are urging the Financial Oversight and Management Board for Puerto Rico
ABC, the healthcare-focused partnership
Companies interested in doing run-off
Travelers Cos. Inc.'s Long Point Re III Ltd. series 2018-1 catastrophe bond is set to reach the revised target size of $500 million, Artemis reported.
US health chief warns pharma on pricing; Roche reports lung cancer data pre-ASCO: The Trump administration is talking about merging the separate ways the U.S. federal government pays for pills; and Roche reported positive results on Tecentriq plus Avastin and Alecensa ahead of the annual ASCO meeting.
Financial news in other parts of the world
Asia-Pacific: US SEC fines ICBC unit; Thailand holds rate; Malaysia raids former PM's house
Europe: Deutsche Börse to shed managers; NN Group, KBC post Q1; AIB selling bad loans
Middle East & Africa: Saudi lenders Alawwal, SABB to merge; National Commercial Bank CEO steps down
The day ahead
Early morning futures indicators pointed to a lower opening for the U.S. market.
In Asia, the Hang Seng fell 0.54% to 30,942.15, and the Nikkei 225 rose 0.53% to 22,838.37.
In Europe, as of midday, the FTSE 100 was up 0.17% to 7,747.06, and the Euronext 100 was up 0.36% to 1,077.41.
On the macro front
The jobless claims report, the Philadelphia fed business outlook survey, the e-commerce retail sales report, the leading indicators report, the EIA natural gas report, the fed balance sheet and the money supply report are due out today.
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