Top Market Headlines: Sentiment rebound, stocks in news today

The latest headline news from the markets indicate a change in sentiment after a brutal bout of selling across the globe. With earnings waning down focus remains steadfast on the economy. Here are the top market headlines on Monday-:

Sentiment Sweetens
US markets see rebound on Friday's trade, snapping 8 weeks of losses. Thursday and Friday led the turnaround with no economic or news triggers. Experts see bounceback in global markets after excessive selling which pushed the S&P 500 to the brink of a bear market.

India's Power Crisis
Monsoon have hit early but the power problems are far from over. Reports indicate that state run mining giant Coal India is set to import coal for the first the first time in years. CIL will import coal on behalf of states as demand continues to exceed supply.

Stocks In News
Tata Motors making headlines as they get a nod from the Gujarat Government to take over Ford's manufacturing plant in India in Sanand. The auto major looking at a big bet in Gujarat for it's auto manufacturing.

Covid Watch
China covid numbers reduce, expectations of a lockdown in Beijing eases. Hong Kong eases testing requirements for inbound flights, documentary proof of testing lab’s accreditation not required anymore.

Top Billing for Top Gun!
Tom Cruise, the 59-year-old superstar just got his first $100 million opening weekend with “Top Gun: Maverick." Paramount Pictures said, including international showings, its worldwide total is $248 million.