Stocks are slipping Tuesday. But the animal spirits are stirring.
This week has started with a flurry of merger news: Juniper Networks stock surged this morning after the Journal reported that Hewlett Packard Enterprise is closing in on a $13 billion takeover of the smaller company.
Stocks fell in morning action. Boeing edged lower after sinking Monday in response to the near-catastrophe on a 737 MAX 9 flight. Keep up with the story here.
U.S. stocks fell. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all lost ground. The Dow was off more than 250 points.
The benchmark Treasury yield edged higher. The yield on the 10-year note traded around 4.011%, up from 4.001% on Monday.
Oil prices gained, with Brent crude trading above $77 a barrel. Traders are weighing disruptions in the Red Sea, a key shipping lane, against signs of weakening demand.
Japanese stocks notched a multidecade high.
Bitcoin slipped from late-Monday levels. The cryptocurrency has rallied of late ahead of the possible launch of exchange-traded funds that would hold bitcoin as opposed to derivatives.
To watch in the coming days:
Earnings season kicks off in earnest this week. Major companies including JPMorgan Chase and Bank of America are set to report Friday.
U.S. inflation data is up ahead, with December consumer-price data due Thursday, followed by producer prices Friday.
