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"The tariffs and retaliation would increase U.S. steel employment and non-ferrous metals (primarily aluminum) employment by 26,346 jobs, but cost a net of 495,136 jobs throughout the rest of the economy, for a total net loss of nearly 470,000 jobs," according to a study conducted by The Trade Partnership.

"We think a rotation to more defensive market leadership is coming later this year and into 2019," they said.

The new fund highlights the early-stage nature of blockchain and crypto tech, which many companies around the world are trying to use to create commercial ventures.

That's according to the management consultancy firm A.T. Kearney's annual Global Cities Report, which looks at which global cities "are improving in their competitiveness and what factors are driving that success."

Jean-Pierre Mustier, CEO of UniCredit, Italy's biggest bank, is reportedly interested in begining merger talks with French banking giant Societe Generale.

The New York Times reported device makers were able to access data of users' friends, such as relationship status, religion, and political leaning.

A deal for the popular developer tools platform, which was last valued at $2 billion in 2015, could be announced as early as Monday. Bloomberg says.

Hong Kong's Hang Seng (+1.66%) led the way in Asia and Spain's IBEX (+1.76%) is out front in Europe. S&P 500 futures are up 0.4%.

Dell Technologies reports ahead of the opening bell.

Factory orders and durable goods orders will both be released at 10 a.m. ET. The US 10-year yield is up 2 basis points at 2.92%.