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(Reuters) -Goldman Sachs surpassed first-quarter profit estimates, fueled by stock traders who capitalized on volatile markets to bring in record equities revenue, but the bank's CEO warned of a difficult environment ahead. The Wall Street bank joined rivals JPMorgan Chase and Morgan Stanley in reporting higher profits, but investors are more focused on future projections as tariffs increase inflation and recession risks. "While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients," said CEO David Solomon, who noted the "great uncertainty" that hung over markets in the first quarter.

Even though a late stock market rally on Wall Street on Friday has been extended in futures prices into a new holiday-shortened week, flip-flopping of U.S. trade policy announcements over the past two days doesn't bode well for corporate and household planning - or indeed market stability. Another big focus of the week will be central bank meetings in Canada and in the euro zone, with both the European Central Bank and the Bank of Canada expected to lower interest rates by a quarter point each. Today, we look at the ECB's decision in detail and how it will view the sharp appreciation of the euro in its deliberations.

KKR will buy a joint venture of S&P Global and CME Group in a $3.1 billion deal, in the U.S. private equity firm's second acquisition in less than a week despite a tariff whiplash slowing the pace of dealmaking activity. The proceeds from the deal to sell London-based OSTTRA — which provides post-trade services for global over-the-counter markets across interest rate, foreign exchange, equity and credit asset classes — will be divided evenly between financial data provider S&P Global and derivatives marketplace CME, the companies said on Monday.

Since his appointment, Bo Hines has become a mini-celebrity in the crypto world—with CEOs, billionaire investors, and lobbyists vying for face time.

29-year-old Bo Hines is leading crypto policy at the White House. But will economic volatility upend the sector’s progress?

WASHINGTON (Reuters) -Major geopolitical risk events, including trade tensions, can trigger large corrections in stock prices, the International Monetary Fund said in a report on Monday. That in turn can generate market volatility which can threaten financial stability, it said in a chapter from its forthcoming Global Financial Stability Report. The IMF did not mention specific events, such as the sweeping tariffs U.S. President Donald Trump has announced in recent weeks.

Right now, stocks are trading up — so it looks like investors think the tech tariffs are at least being pushed off into the future or maybe won’t happen at all.

Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.

Global stocks are rallying Monday after President Donald Trump temporarily exempted smartphones, computers, and semiconductors from his "reciprocal" tariffs.

Wall Street's main indexes rose on Monday, boosted by gains in technology stocks after the White House exempted smartphones and computers from new tariffs on Chinese imports, although additional levies on semiconductors remain imminent. The United States unveiled the exemptions on Friday, but President Donald Trump said he would announce tariff rates for imported semiconductors later in the week. The exempted tech products will face new duties within the next two months, U.S. Commerce Secretary Howard Lutnick said.