Here’s what’s been happening on Wall Street overnight

Photo: Spencer Platt, GettyImages.

Welcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.

Facebook CEO Mark Zuckerberg will testify about the Cambridge Analytica data leak before congressional committees beginning on Tuesday.

His appearance comes amid increasing calls for new regulations to protect consumer privacy and limit the power and influence of Facebook and other tech giants. Here’s the latest:


In other news, T-Mobile and Sprint are soaring after a report says they have resumed merger talks. And activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc in a $US5.4 billion deal.

In markets news:

Lastly, I’m excited to welcome Dakin Campbell to Business Insider as a senior Wall Street reporter.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.