Stocks pointed to lower open - Marketintelligencecenter.com

Stocks pointed to lower open

Posted: Monday, May 20, 2013 8:47 AM ET
By: Michael Fowlkes


U.S. traders can expect a rather slow news day to start the week, with no major economic releases due out today. The biggest news heading into the opening bell is that Yahoo! (YHOO) has announced an all cash $1.1 billion deal to acquire Tumblr. In pre-market trading, it looks like the market will open slightly lower, but each of the major indices are down less than 0.1% .International markets were mostly in green territory overnight. The Japanese index continued its recent strength, trading to highs that we have not seen for five years. The... Read More



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