Federal prosecutors in New York on Monday are expected to announce charges against financier Jeffrey Epstein related to sex trafficking of underage girls, a source familiar with the matter said, more than a decade after he avoided similar charges in Florida in a plea deal.
Citi downgraded Verizon to neutral from buy and maintained its $62 price target.
Morgan Stanley downgraded its allocation to global equities on fears that slowing GDP growth will offset central banks support.
Rosenblatt Securities downgraded Apple's stock and said it sees many upcoming headwinds for the tech giant, including disappointing iPhone sales.
Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which Germany's largest lender said would mean yet another annual loss, knocking its shares.
Here are the biggest calls on Wall Street on Monday
Whole teams at Deutsche Bank were told on Monday their jobs had been axed as it began 18,000 job cuts globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis.
Japan has tightened curbs on exports of high-tech materials used in smartphone displays and chips to South Korea, upping the ante in a decades-old dispute with Seoul over South Koreans forced to work for Japanese firms during World War Two.
Thyssenkrupp on Monday said it was sticking to plans to float its elevator business after a media report said the conglomerate was planning to start talks in autumn on selling the unit.
Oil prices steadied on Monday as tensions over Iran's nuclear program were tempered by global economic growth concerns and consequently oil demand.
Soaring values of technology companies have dominated the market's bull run, but now they are getting way too expensive as earnings picture continues to deteriorate, AB Bernstein warned.
American financier Jeffrey Epstein was charged with sex trafficking on Monday, as prosecutors accused him of luring dozens of girls as young as 14 to his homes in New York and Florida and paying them for sex acts.
U.S. stocks fell on Monday, dragged down by losses in Apple and Boeing and as investors cut back bets of an aggressive interest rate cut by the Federal Reserve later this month.
Oil prices firmed on Monday amid tensions over Iran's nuclear program but gains were tempered by concerns about global economic growth and consequently oil demand.
CNBC takes a look at what the big banks have to say about Deutsche Bank's biggest ever restructuring plan.