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Top Stories London Markets: Europe, China worries weigh on U.K.’s FTSE 100 London stocks drop on Friday, with banks and energy majors bearing the brunt of losses.
Bond Report: Treasury yields rise from record low Treasury prices fall, pushing 10-year yields up from their lowest level in history, as traders take a breather after a nine-week rally. They await comments from global officials at the weekend’s Group of Eight meeting.
Al Lewis: Tax man makes it hard to be an American Peter Dunn renounced his U.S. citizenship last year so he no longer would have to deal with the Internal Revenue Service, Al Lewis reports.
NewsWatch: Stock futures up ahead of Facebook debut U.S. stock index futures shake off European worries to post modest gains as investors await Facebook’s much-publicized initial public offering.
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May 18, 2012 9:50 AM EDT
AIG selling its Asian operations to Britain’s Prudential for $35.5 billion was the lion’s share of the $45 billion in M&A activity for Monday, but the fact that there were four deals made for a positive interpretation. In fact, the small deal interest gave the Russell 2000 quite a boost, up 2.2%, more than double the percent gain on the S & P. We talked about watching the leadership. Tech took its cue from SanDisk, up ... full story >>