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U.S. markets news

Asia drops as banking sector concerns smoulder, yen stands tall
TOKYO Asian stocks dipped early on Wednesday amid growing concerns about the health of the global banking sector, particularly in Europe, while the safe-haven yen stood near a 15-month high versus the dollar.
Asia markets extend fall as ASX, Nikkei, STI sell off  CNBC
Asia stocks down for 3rd day, Japan drops 2.4 percent  Washington Post
Walt Disney Co. theme parks saw record attendance
The blockbuster "Star Wars: The Force Awakens" was largely responsible for Walt Disney Co.'s record profit for the first fiscal quarter, but Disney executives also credited the space opera for the record attendance at the company's domestic parks.
Sports costs at ESPN weigh down Disney's Force-ful quarter  Washington Post
ESPN casts shadow over 'Star Wars' success at Disney  Reuters
Viacom Chief Is Defensive on Its Weak Earnings
The turmoil engulfing Viacom deepened on Tuesday as weak earnings and continued concern over the company's leadership sent shares down more than 21 percent, the lowest level in more than five years.
Viacom's Dauman comments pale compared to insults by other CEOs  Reuters
Viacom CEO defends self in testy exchange on 1Q results  Washington Post
Yen Gains Sideline Kuroda as Volatility Sweeps Rates Shock Aside
Haruhiko Kuroda has a problem: traders are paying more attention to the volatility sweeping global markets than the Bank of Japan governor's monetary easing.
Top WSJ Stories on Japan: Negative Bond Yields, Nomura Holdings  Wall Street Journal (blog)
Japan Is Selling Bonds Guaranteed To Lose You Money  NPR
Deutsche Bank Said in Early Stages of Mulling Bond Buyback
Deutsche Bank AG is considering buying back some of its bonds, potentially countering this month's selloff over concern that Germany's biggest bank will struggle to make payments on its riskiest debt.
Deutsche Bank looking to buy back several billion euros of bonds -FT  Reuters
Buying opportunities in the beaten down banks?  CNBC
FOREX-Dollar pressured near 3-1/2-month lows ahead of Yellen testimony
... * Global economy worries quash Fed rate hike expectation. * Markets do not expect Fed to raise rates any time soon. * Yen near 15-month high, yen calls favoured the most since 2010.
Dollar pressured near three-and-a-half-month lows ahead of Yellen testimony  GlobalPost
Here's what to expect when Janet Yellen faces Congress this week  Massillon Independent
KKR-Backed US Foods Files for Initial Public Offering
US Foods Holding Corp., the food distributor Sysco Corp. was blocked from buying last year, filed for an initial public offering. The company, backed by KKR & Co.
Nation's second-largest food service firm files to go public  SCNow
US Foods Files for an IPO  Fortune
U.S. stocks close lower in volatile session, ahead of Yellen's testimony -- U.S. stocks were unable to hold onto modest gains Tuesday on a volatile day of trading, as gains among industrial and transport stocks were offset by sharp energy losses, which pushed crude prices back near 12-year lows.
US STOCKS-Wall St rallies late; biotechs, materials boost  Reuters
Close Update: Roller-Coaster Ride Ends with Stocks in the Red for Third ...
Tech Stocks Have Fallen Faster and Further Than Broader Market
SAN FRANCISCO - As the United States economy muddled along over the last few years, investors paid handsome sums to get in on high-flying technology companies that were among the few pockets of steady growth.
CORRECTED-Fund managers ditch 2015 winners and move toward safety  Reuters
Tech Tuesday: Take a Look at the Money Google, Facebook & Twitter Make ...  Business 2 Community
Midwest Drivers May See Gasoline Below a Dollar
Drivers in Chicago and other parts of the Midwest may see gasoline prices at the pump fall to 99 cents a gallon as regional stockpiles swell.
At $1.99 a gallon, gasoline locally is lowest since 2009  Buffalo News
Don't look now: $1 gas may be so close  WKYC-TV