SolarEdge’s stock charged higher in early Monday trading, after the solar-power-equipment maker said its chief executive of the past five years, Zvi Lando, has stepped down.
Mizuho said Monday its August consumer survey found that low-income consumers, who account for 22% of total U.S. household spending, continuing to struggle. But the cracks were also starting to show for higher-income consumers.
Oil prices were surging on Monday morning as the escalating conflict between Israel and Hezbollah over the weekend has heightened worries that the war in Gaza could disrupt regional oil supplies.