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NYSE Owner ICE Mulling LSE Bid

NYSE owner Intercontinental Exchange said it is considering an offer for the London Stock Exchange, potentially gate-crashing the British company’s proposed $28 billion merger with Deutsche Börse.

Streetwise

The Worst Market of All: One Without a Story

Stories about China, negative rates, tightening dollar liquidity, tumbling U.S. profits, impending recession, oil and more have left investors with no clear narrative to follow.