There are signs the deep freeze in new private-equity deals might be starting to thaw, but some firms are still holding on to earlier investments, refinancing to maintain them before an eventual sale.
Rep. James Clyburn, a longtime supporter of Biden who helped save his campaign during the 2020 primaries, also left open the possibility the president could decide not to continue his re-election bid.
U.S. retail-sales and industrial-output data, a European Central Bank decision, inflation data from the U.K. and Canada, and China’s economic-reform-themed summit are in focus.
