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Top Stories Movers & Shakers: Friday’s biggest gaining and declining stocks Salesforce and Autodesk are among stocks making notable moves in Friday trading. Yahoo shares up on report of Alibaba deal Shares of Yahoo Inc. jump on a report that the Web portal is close to a deal with Alibaba on the company’s stake in the Chinese tech giant. Financial Stocks: CME, Morgan Stanley outpace other financials Choppy early trading among financials shows both winners and losers. 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. See All Top Stories >> |
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The Dollar proved to be a little bit of an issue, on an otherwise quiet news day. The Dollar Index started the day higher, flirting with Friday’s peak at 80.855. That is still well below the breakout point at 81.34, but it has moved up away from the rising trend line at 79.99. Fitch called Greek’s bailout plan “uncertain” and also told Bloomberg that it may downgrade Portugal if measures to reduce debt are “insufficient”. Weakness in the Euro ... full story >>