The visa fee change marked the Trump administration's most aggressive step yet to curb immigration, particularly targeting talent inflows from China.
India, which has been in conflict with neighboring Pakistan for decades, is one of the world's largest crude consumers and a key customer for Saudi Arabia.
The six-figure H-1B visa fee has jolted companies that have long relied on the program to bring in top global talent.
Investors shed shares of IT outsourcing firms of all sizes, including Infosys, Tech Mahindra, Wipro, HCL Technologies and Tata Consultancy Services.
Adani Power stock has risen more than 20% as its 1 for 5 stock split becomes effective today.
If the PCE report comes in higher than expected, investors might start worrying that the Fed's quarter-point cut last week was premature.
European stocks were set to open mixed on Monday morning.
After a sluggish period for public listings in Europe, a slew of companies have either recently floated or are rumored to be eyeing an IPO in the region.
Luxshare saw its shares jump about 10% following a report that the Chinese device assembler had signed a deal with OpenAI to produce a consumer AI device.
Rachael De Foe, 31, was burned out from her PR job, so she quit to be her own boss. Now, she's tripled her income to $220,000 a year as a fractional worker.
If the PCE report comes in higher than expected and investors might start worrying that the Fed's quarter-point cut last week was premature.
The People's Bank of China kept the one-year loan prime rate unchanged at 3.0% while the five-year LPR at 3.5%, respectively, according to a statement Monday.
China is expected to leave the loan prime rates unchanged, according to a Reuters poll.
Federal health officials also are expected to highlight leucovorin as a potential autism treatment, according to The Washington Post.
President Donald Trump also said that Larry Ellison and Michael Dell are also likely to be involved in the TikTok deal.