Boeing expects more than 3,200 union workers at three St. Louis-area plants that produce U.S. fighter jets to strike after they rejected a proposed contract

Boeing Co. is preparing for a strike at its St. Louis defense hub after factory workers rejected a contract offer that would’ve boosted their wages by 20% over four years.

Europe's major stock markets made modest gains while the euro fell in early trading on Monday as investors greeted a trade agreement between the United States and European Union with cautious relief.

After months of tense negotiations, U.S. President Donald Trump and European Commission President Ursula von der Leyen have reached a trade deal that will set a 15% U.S. tariff on most goods imported from the 27 EU member states.

US stocks were also set to open higher, but the euro weakened as investors digested the early details of a trade deal that left elevated tariffs on most EU goods. The terms of the deal sparked a backlash from some European politicians and industries,