Stocks are falling on Tuesday. But the animal spirits are stirring.
This week started with a flurry of merger news: Juniper Networks stock rose this morning after the Journal reported that Hewlett Packard Enterprise nears $13 billion acquisition of the smallest company.
Shares fell in morning action. Boeing fell slightly after plunging Monday in response to the near-disaster on a 737 MAX 9 flight. Keep up with the story here..
US stocks fell. The S&P 500, the Dow Jones Industrial Average and the Nasdaq Composite lost ground. The Dow Jones lost more than 250 points.
Benchmark Treasury yields rose slightly. The 10-year bond yield was trading around 4.011%, up from 4.001% on Monday.
Oil prices rose with Brent crude trading above $77 a barrel. Traders are weighing disruptions in the Red Sea, a key shipping route, against signs of weakening demand.
Japanese stocks down a maximum of several decades.
Bitcoin slipped of monday night levels. The cryptocurrency has rallied lately ahead of the possible launch of exchange-traded funds that hold bitcoins unlike derivatives. Here it is How the SEC Might Handle a Deadline for spot bitcoin ETF applications tomorrow.
To see it in the next few days:
Results season start seriously this week. Major companies, including JPMorgan Chase and Bank of America, will report on Friday.
US inflation data aheadand consumer price data for December will be released on Thursday, followed by producer prices on Friday.
