Elections

Theresa May relocates pension minister

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U.K. Prime Minister Theresa May continued a ministerial reshuffle in the government by moving the pension minister.
U.K. Conservative Party's loss weighs on pound, markets

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The ruling Conservative Party's unexpected loss in Thursday's general election in the U.K. creates more uncertainty ahead of Brexit negotiations.
Sector earnings mostly higher; valuations could be a concern

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Earnings across the 10 major S&P 500 sectors were up an average $1.35 per share over the trailing 12-month period ended May 16 as compared to the same period a year ago.