By THE NEW YORK TIMES
May 31, 2017
We’re following major developments in the markets throughout the day. Check below for the latest updates.
What to Watch For: Fed Speakers, the Beige Book and Exxon
• Fed speakers: The president of the Federal Reserve Bank of Dallas, Robert Kaplan, takes part in a question-and-answer session in New York City. Lael Brainard, a Fed governor, said on Tuesday that the central bank should raise its benchmark interest rate “soon.”
• The Fed also releases its Beige Book, a summary of economic conditions, named for the color of its cover.
• Exxon Mobil, the energy giant, holds its annual meeting in Dallas. Investor pressure is building for the company to provide more information on its strategy for climate change.
• Don’t forget to read the DealBook Morning Agenda.