International bank regulators decided Sunday to increase the amount of capital banks must set aside against potential losses in a deal overseen by the Basel Committee on Banking Supervision. The new rules did not contain any unexpected negative news for banks and investors, and the U.S. and foreign markets responded positively.
Merger and acquisition news continued to filter in throughout the session, with deals announced from LabCorp LH, National Oilwell NOV and others.
The market awaits the release of the Treasury budget at 2 p.m. EST
(you know guys, We are in right side again. Cheers, Bull)
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