Bloomberg Business

Debt-Limit Deal Brings Relief Tinged by Caution: Markets Wrap

American equity futures posted modest gains amid cautious optimism the US will avert a catastrophic default after the weekend’s tentative debt-ceiling deal. European stocks wavered in muted holiday-affected trading.

Turkey’s Erdogan Meets Former Finance Minister in Cabinet Planning

Turkey’s Recep Tayyip Erdogan met Mehmet Simsek, a market-friendly former finance minister, in the capital Ankara on Monday as the president looks to announce a new cabinet as early as Friday, according to two people familiar with the discussions.

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