Market summary
Jan 6 - Markets closed
| Dow
| 9,015.10
| +62.21 (0.69%)
|
| S&P 500
| 934.70
| +7.25 (0.78%)
|
| Nasdaq
| 1,652.38
| +24.35 (1.50%)
|
| 10y bond
| 2.43%
| -0.12 (-4.71%)
|
China Construction Bank:BofA Stake Cut Normal Market Activity
CNNMoney.com - 51 minutes ago
HONG KONG -(Dow Jones)- Bank of America Corp.'s (BAC) reduction of its stake in China Construction Bank Corp. (0939.HK) was a "normal market activity" due to its own financial situation, the Chinese bank said in a statement Wednesday.
Alcoa to cut global workforce by 13%
CNNMoney.com - 5 hours ago
By David Goldman, CNNMoney.com staff writer NEW YORK (CNNMoney.com) -- Aluminum producer Alcoa Inc. said Tuesday it will slash its global workforce by 13%, or 13500 jobs, by the end of the year as a way to remain competitive during the global economic ...
Billionaire Merckle commits suicide
Financial Times - 1 hour ago
By James Wilson in Frankfurt and Andrew Jack in London Adolf Merckle, one of Germany’s wealthiest men, committed suicide after weeks of talks with creditors designed to save his businesses from being consumed by disastrous investments and the global ...
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