The S&P 500 and the Nasdaq were slightly lower on Monday after notching record closing highs in the previous session, as losses in chip stocks including Nvidia weighed.
Read More S&P 500, Nasdaq marginally lower as chip stocks fall; focus on inflation data
The deal signals continued pain for media start-ups struggling to grow revenue at a time when Big Tech giants Alphabet and Meta.
Read More Yahoo acquires Instagram co-founders’ AI news platform Artifact
A cargo plane with five crew members made an emergency landing in Miami after facing an engine malfunction shortly after departure.
Read More Atlas Air’s Boeing cargo plane makes emergency landing after engine malfunction
Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.
Read More US new home sales fall more than expected in October