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Wall St set to rebound after volatile week; takeover talks boost VMware

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Reuters

By Anisha Sircar and Devik Jain (Reuters) – Wall Street’s main indexes were set for a higher open on Monday, helped by a bounce back in growth and bank stocks, after the benchmark S&P 500 hovered near a grim market milestone at the end of last week. Investors will keep a close eye on the slew of economic data expected this week that could shed light on the health of the U.S. economy against the backdrop of a steep sell-off in stocks this year. U.S. stock indexes deepened year-to-date losses last week as dismal forecasts from Walmart Inc and other retailers added to worries about surging inflat…

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