As insurers push states to speed up the process of approving long-term care
Travelers Cos. Inc. may upsize its Long Point Re III Ltd. series 2018-1 catastrophe bond
Maryland's Total Cost of Care All-Payer Model has received federal approval. The model aims to control the growth in healthcare
Axa has completed the initial public offering
The U.S. property and casualty
1347 Property Insurance Holdings Inc., National Security Group Inc. and Kingsway Financial Services Inc. reported results
Featured news
Merck KGaA's profit falls; Lilly's cluster headache drug succeeds in late trial: Germany-based Merck KGaA said first-quarter earnings fell 18.2% year over year, due in part to negative foreign exchange effects from a weaker dollar, and Eli Lilly's phase 3 trial of galcanezumab in episodic cluster headache met its main goal.
Financial news in other parts of the world
Asia-Pacific: JPMorgan Chase names new China CEO; AMP to face more lawsuits
Europe: Allianz, Crédit Agricole post Q1 profits; SIX Group, Worldline in €2B deal
Middle East & Africa: Qatar's FX manipulation probe intensifies; ex-Moza Banco execs fined
The day ahead
Early morning futures indicators pointed to a lower opening for the U.S. market.
In Asia, the Hang Seng fell 1.23% to 31,152.03, while the Nikkei 225 dropped 0.21% to 22,818.02.
In Europe, around midday, the FTSE 100 climbed 0.28% to 7,732.60, and the Euronext 100 shed 0.04% to 1,070.77.
On the macro front
The retail sales report, the Empire State Manufacturing Survey, the Redbook, the business inventories report, the Housing Market Index and the Treasury International Capital report are due out today.
The Daily Dose has an editorial deadline of 7:30 a.m. ET. Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.
