Disappointing data from both countries undermined last week's optimism, as markets also digested the European country's downgrade to BBB+ by Fitch.
Costco and Urban Outfitters will report earnings. Vodafone and Johnson Controls mull divestitures. Retail sales data will be reported.
Morgan Stanley is downgraded to 'neutral,' and State Street is upgraded to 'neutral.'
Stocks are mixed as a slightly worse-than-expected US weekly jobless claims report is balanced by strong export data from China.
Mattel is upgraded to 'buy,' and Qualcomm is initiated with a 'buy.'
Under Armour is upgraded to 'outperform,' and First Solar is downgraded to 'underperform.'
American Eagle is downgraded to 'hold,' and Urban Outfitters is upgraded to 'hold.'
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