Wall Street

Futures rebound after volatile week, takeover talks boost VMware

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Reuters

(Reuters) – Wall Street futures rose on Monday, helped by a bounce in growth stocks and banks, after the benchmark S&P 500 hovered near a grim market milestone at the end of last week. Investors will keep a close eye on the slew of economic data expected this week that could shed new light on the health of U.S. economy against the backdrop of a steep selloff in stocks since January. U.S. stock indexes plunged further last week as dismal forecasts from Walmart Inc and other retailers added to worries about surging inflation and its impact on consumers and economic growth. The benchmark S&P 500 …

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