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Tuesday, April 5, 2011

DAI: S&P hovers near resistance but weak volume persists

Reuters
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04/5/2011
News Good evening Pan
LATEST NEWS
S&P hovers near resistance but weak volume persists
NEW YORK (Reuters) - The S&P 500 failed to break a key technical resistance level for a second day on Tuesday as low trading volume raised further questions about the market's strength. | Full Article
Minutes show Fed split over timing of policy exit
April 05, 2011 04:20 PM ET
WASHINGTON (Reuters) - Divisions at the U.S. Federal Reserve over how soon to reverse course on monetary policy emerged more clearly last month, although the central bank appeared intent to complete a $600 billion bond-buying plan. | Full Article
Late Easter, gas prices hit U.S. store sales
April 05, 2011 02:40 PM ET
CHICAGO (Reuters) - March sales at U.S. retail chains probably dropped modestly, held back by the combination of a later Easter and higher gasoline prices. | Full Article
Obama warns shutdown would hurt economy
April 05, 2011 03:34 PM ET
WASHINGTON (Reuters) - President Barack Obama warned on Tuesday that a federal government shutdown would seriously disrupt the U.S. economy, after Republican and Democratic leaders failed to make headway on a budget deal. | Full Article
Nasdaq index rebalancing slashes Apple's influence
April 05, 2011 04:20 PM ET
NEW YORK (Reuters) - Nasdaq's late-night announcement of plans to rebalance its benchmark Nasdaq-100 Index spurred volatility in Apple shares and surprised U.S. fund managers who questioned the timing of the announcement. | Full Article
US TOP NEWS
Gbagbo negotiating exit from Ivory Coast
April 05, 2011 03:11 PM ET
ABIDJAN (Reuters) - Ivory Coast's Laurent Gbagbo was negotiating the terms of his departure on Tuesday following a fierce assault by forces loyal to his rival and backed by U.N. and French helicopter air strikes. | Full Article
Japan plant operator says may have slowed radioactive leak
April 05, 2011 01:48 PM ET
TOKYO (Reuters) - The operator of Japan's crippled Fukushima nuclear power plant said it had reduced the flow of highly radioactive water out of a reactor, a possible sign of progress in an almost month-long battle to contain the world's biggest nuclear disaster in quarter of a century. | Full Article
China ups rates 4th time since October
April 05, 2011 08:41 AM ET
SHANGHAI/BEIJING (Reuters) - China's central bank increased interest rates on Tuesday for the fourth time since October, raising suspicions that data next week may show inflation rose more than expected in March. | Full Article
Special Report: Japan quake reveals cracks in insurance system
April 05, 2011 11:30 AM ET
NEW YORK/LONDON (Reuters) - Michael Korn is a popular person these days, which is perhaps not too surprising considering what he does for a living and where he lives. Korn is an insurance broker in earthquake-prone San Francisco. | Full Article
NATO changes Libya tactics due to human shields
April 05, 2011 03:49 PM ET
BENGHAZI, Libya (Reuters) - Western powers have destroyed nearly a third of Libyan leader Muammar Gaddafi's military since launching air strikes last month but NATO said it was forced to change bombing tactics because of human shields. | Full Article
HEALTH NEWS
Republican to call for sweeping Medicare changes
Study finds blood marker can't predict Alzheimer's
MRI finds earlier breast cancers in gene carriers
Higher bleeding risk seen in J&J, Bayer clot drug
Diabetes risk may be slightly higher for preemies
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