Arcelormittal Shares Rise 3% After Selling Stake

ArcelorMittal rose 3.9 percent after selling a stake in its Canadian unit for $1.1 billion. A.P. Moeller-Maersk A/S advanced as the head of north Asia operations for its container shipping unit said trade between Asia and Europe will grow.
Statoil and BP Release Reports amid Oil Declines
59:18 - Oil extended declines in a bear market amid signs producers from the Middle East to the U.S. will continue adding supplies to a global glut. Oil exports from southern Iraq rose to a record this month, while a Bloomberg survey forecasts U.S. crude stockpiles expanded for a second week through July 24. Brent in London closed Monday more than 20 percent lower than its peak reached in May, meeting the common definition of a bear market.
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