The markets made some gains after a weak open but struggled to gain momentum as investors remained cautious ahead of news from the Fed and the European Central Bank.
Tech giants Apple (NASDAQ:AAPL) and Samsung are set to face off in court today in a patent trial with billions of dollars at stake. The two companies are feuding over control of the smartphone and computer tablet markets in the U.S.
Insurance company Loews (NYSE:L) is reporting a sharp decline in second quarter earnings, after a weak performance from its diamond drilling unit, Diamond Offshore Drilling (DO).
In M&A news, Shaw Group (SHAW) is set to be acquired by Chicago Bridge and Iron (NYSE:CBI) for nearly $3 billion.
Shares of Roper Industries (NYSE:ROP) are trading higher today after the medical and industrial equipment maker announced the acquisition of Sunquest Information Systems in a deal worth about $1.4 billion.
Tomorrow, we'll take a look at data on personal spending, as well as earnings results from BP (NYSE:BP) and Pfizer (NYSE:PFE).
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.