News Snapshot:
Major market averages opened trading mixed on Monday following another down week for equities. The Nasdaq Composite (COMP.IND) was +0.6%, the S&P 500 (SP500) was +0.1%, and the Dow (DJI) was -0.4%. Additionally, the S&P 500 and Nasdaq are coming off a three-week losing streak. It's "undoubtedly been a challenging few weeks for global markets after the optimism of the early summer," Deutsche Bank's Henry Allen wrote. "In aggregate, global bonds have now lost ground for 5 weeks running, and US Treasuries are back in negative YTD territory. At the same time, global equities are now down for 3 weeks...
