U.S. equity markets trimmed their gains Monday as New York City Mayor Bill de Blasio warned the city could see a full shutdown in the weeks ahead due to a surge in COVID-19 infections and as OPEC cut its oil demand forecast. 

The mergers and acquisitions boom will continue over the next few years says Goldman Sachs fueled by $61 billion waiting in the wings.

U.S. equity futures are pointing higher early Monday hours before the opening bell after ending last week on a downbeat note. Benchmarks pulled further away from their recent highs Friday as prospects for another aid package from Washington faded, while a surge in virus cases is threatening to inflict more damage on an already battered economy.

Centers for Disease Control and Prevention Director Dr. Robert Redfield said Sunday that he signed the CDC's official recommendation for Americans 16 and older to use the Pfizer-BioNTech coronavirus vaccine and applauded the vaccine as a step to "help restore some normalcy to our lives and our country."

The first truck carrying a COVID-19 vaccine for widespread use in the United States pulled out of a Portage, Mich., manufacturing plant Sunday morning, with the shots that are critical to stopping the nation's coronavirus outbreak destined to reach locations in all 50 states a day later.

Britain’s AstraZeneca has agreed to buy U.S. drugmaker Alexion Pharmaceuticals for $39 billion in cash and shares to bolster its positions in immunology and rare diseases.

Health experts urge more research to help curb transmission and to reopen schools.

Goldman is appealing a decision allowing a class action accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 financial crisis.

Albert Bourla and his team overcame unproven science and manufacturing bottlenecks; ‘you’re asking for too much.’