Asian, European shares rise on hopes congressional leaders would reach a deal to avoid the fiscal cliff.
Stocks recover from morning lows, sparked by House Speaker John Boehner's optimism that a deal can be reached with the White House.
Stocks are down, giving back some of the 4% advance seen last week by both the S&P and Nasdaq.
Aeropostale is downgraded to 'neutral,' and Yahoo is upgraded to 'conviction buy' at Goldman.
Target is upgraded to 'overweight,' and Thomson Reuters is downgraded to 'hold.'
Leading economic indicators are also up. Global markets climb as Germany's Merkel backs the euro and the ECB. Apple hits a new high. Gap beats estimates, while Aeropostale misses. Marvell's results disappoint, and Groupon drops on a downgrade.
Stocks slide following the European Central Bank president's press conference.
VIDEO ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Saving just a single month of expenses may take longer than you think. See how your savings rate affects how quickly you can build a solid emergency fund.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'