This is what you need to know on Tuesday
1. European stocks opened higher Tuesday as global financial markets cautiously return to the risk table and eye the start of trading on Wall Street after the U.S. Labor Day holiday. 2. President Trump is set to announce his decision to end DACA on Tuesday but will give Congress six months to find a legislative alternative.
3. Aveva Group plc (AVV) said Tuesday that it will combine with Schneider Electric's (SBGSY) industrial software unit in a reverse takeover deal that will create a London-listed firm with an enterprise value of £3 billion ($3.9 billion).
4. United Technologies (UTX) will buy airplane parts maker Rockwell Collins (COL) for $23 billion, or $140 a share, the companies announced on Monday. The deal is expected to close in the third quarter of 2018.
5. Global oils prices continued to react to developments in Hurricane Harvey-ravaged Houston area, with U.S. crude heading higher but gas prices notching further declines and retracing back to pre-storm levels and refiners and pipelines slowly return to full speed.
Watch More with TheStreet: