Stocks managed a late-afternoon rebound for the second time in two days as investors seemed to brush off a report of lower confidence among homebuilders and simmering tensions in the Ukraine.
Along with Yahoo's fourth quarter earnings release on Tuesday, Alibaba reported a 66% revenue increase and set a record operating profit margin ahead of its possible upcoming IPO.
After website troubles sparked a two-week extension, California officials wrapped up the first open enrollment for Obamacare coverage with nearly 1.3 million consumers signed up since October for the state-run exchange.
You can't manage what you don't measure, as the great Peter Drucker used to say, and for the White House that seems to be the goal.
The RMB's recent depreciation underlines the importance of a significant increase in the transparency of China's actions in the foreign exchange market.