Retail Numbers Drag Markets; MSFT Unveils Surface Pro 3…Are You Excited?

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets finished the day all covered in red, with the indexes retreating as the chart above shows. All 10 primary S&P 500 sector indexes fell, and nearly three-fourths of Nasdaq-listed names were down for the day. Yesterday, I mentioned that there were still a few notable companies due for earnings reports this …

Markets Respond Mixed To M&A News As Q1 Earnings Season Winds Down

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks dwindled around breakeven for most of the day, but finished strong led by Internet stocks and mixed M&A success. All the major indexes closed higher as the chart above shows. In M&A news, AstraZeneca (AZN) rejected yet another takeover bid from Pfizer (PFE). AstraZeneca rejected a revised £69 billion ($116 billion) …