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Blue corners of Pennsylvania went red, but won’t matter

  Albert R. Hunt The lunch group in Monessen, Pennsylvania, is evenly divided between Trump supporters and Trump opponents. But the dark mood across the whole room suggests why this working-class town might end up favouring him in November. Monessen, once a steelmaking hub, has steadily lost plants, jobs and population over the decades. Along Donner Avenue, there are more ...

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Gulf markets diverge, Egypt settles at 14-month high

  Reuters Stock markets in Dubai, Qatar and Egypt climbed to multi-month highs on Monday but Saudi Arabia was dragged lower by banking shares vulnerable to economic pressures due to low oil prices. Dubai’s index rose 1.0 percent to end at 3,602 points, just below technical resistance at its April peak of 3,605 points, as trading volume more than doubled ...

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European stocks little changed as DAX erases annual decline

  Bloomberg European shares were little changed, with Germany’s DAX Index erasing its annual drop, as investors assessed recent gains in light of the outlook for earnings and economic growth. Rebounding automakers posted the best performance of the Stoxx Europe 600 Index’s 19 industry groups. Volkswagen AG’s 1.4 percent advance buoyed the DAX, which entered a bull market last week, ...

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