Stocks Retreat as China Tries to Aid Property Sector; Earnings and Economic Data Ahead
• European and US stocks retreated amid a cautious mood in global markets • China cut a key mortgage rate to support its struggling property sector • Earnings from Nvidia on Wednesday may provide a catalyst for markets • Capital One agreed to a $35B deal to buy Discover and form largest US credit card firm • Other potential market catalysts this week include Fed minutes and Eurozone inflation data