Investments

KC Mathews, executive vice president and chief market strategist at Commerce Trust will break down the FOMC meeting.

Lynn Martin, NYSE's president, said the surge in retail investment bodes well for overall market health. 

Klarna Group Plc is considering reviving its potential New York initial public offering as soon as September, people familiar with the matter said, following a recent surge in fintech stock prices and strong debuts of US listings.

The U.K. fintech's shares fell about 5% in London, partly due to international currency volatility. It hopes a U.S. listing will improve the company's ability to raise capital.

The markets are waiting for the Federal Open Market Committee to make its next move.

This could be the second year in a row that the market for U.S. bank preferred shares has shrunk, something that hasn't happened since the lenders were replacing obsolete capital after the global financial crisis.