U.S. stocks slipped in morning trading, as investors parsed the outlook for earnings-reporting season. The Dow Jones Industrial Average shed 41 points, or 0.2%, to 16874.
... * Euro steadies after half-cent drop, yen higher overnight. * Little sign of sharp equity sell-off passing through yet. * Stock market tensions fuel arguments for change in trend (Updates prices, adds more comment).
Wells Fargo & Co, the largest U.S. mortgage lender, reported a 3 percent rise in quarterly profit as cost cuts helped to make up for a slight fall in revenue.
There's an image of a pirate-like skull-and-crossbones on the OTC Markets Group Inc. website page that gives the price of (CYNK:US)Cynk Technology Corp.
Although a few positives like uniform KYC and tax treatment for pension funds and MF-linked retirement plan have been mentioned, a more pro-MF policies could have found a place in the Budget.