Today's Top Stories - March 26, 2015  

 

BEWARE THE BELL! U.S. stock index futures indicated a sharply lower open on Thursday, with Dow futures tumbling 130 points after stocks plunged to close over 1 percent lower Wednesday More

Why’d the market have such a sharp reversal? The market reversal: the S&P 500 hits its highs for the day just after 10 AM ET, but started drifting lower after 11 Energy stocks, Alcoa going negative, and particularly disappointing comments from KB Home on its conference call, which dropped the whole home builder market, were early catalysts. But there were a series of very quick down moves which saw the S&P 500 move from roughly 2,040 to 2,010 in an hour More

Traders say to buy the Nasdaq—‘so bad, it’s good’ Don't be emotional—be opportunistic. That's what two traders advise when it comes to playing the Nasdaq now More

EUROPE: European equities were sharply lower in morning trade on Thursday following a selloff in the U.S. Wednesday and a lackluster lead from Asia More

ASIA: Asian equities were mostly lower on Thursday following a sharp selloff on Wall Street overnight and an escalation of political turmoil in Yemen More

OIL: Brent crude oil pared early gains but still rose nearly 4 percent above $58 a barrel on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen More

Oil Surges on Yemen Air Strikes, Global Stocks Tumble More

Is Yemen the new catalyst for oil? Oil prices ratcheted up on Thursday on news that Saudi Arabia launched a military operation in neighboring Yemen, however analysts remain skeptical that geopolitical tensions will sustain the rally More

Oil prices soar after Saudi airstrikes in Yemen Brent crude oil price surged $3 in Asian trading on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, although Asian importers said they were not immediately worried about supply disruptions More

GOLD: Gold extended gains to a seventh session on Thursday in its longest winning streak since 2012 as soft U.S. data boosted expectations the Federal Reserve would keep interest rates low for the time being More

Warren Buffet mixes mac and cheese with catsup … A ketchup and mac and cheese mega-merger: Heinz to acquire Kraft More

Newly merged Kraft Heinz going nuts over Planters' …acquires parent company… Suffolk's Planters Peanuts processing plant will soon be owned by the Kraft Heinz Company following a merger between the two iconic food companies announced Wednesday. More

If You Pay Capital Gains Taxes At the Tax Foundation's Tax Policy blog today, Kyle Pomerleau writes that American taxpayers "face the 6th highest top marginal capital gains tax rate in the OECD More

Chattanooga's biggest independent bank sells for $160 million in stock deal Atlanta-based Atlantic Capital Bancshares, Inc. announced Wednesday it will buy the parent company of FSG Bank in Chattanooga, the largest independent bank in Chattanooga, for $160 million More

Family sues Publix, says boy died from allergic reaction to cookie bought there The family of an 11 YO Nashville boy is suing the Publix grocery chain, saying the child was allergic to nuts and died from a severe reaction after eating a cookie despite a worker's assurance it was safe More

FTC approves Carlisle’s purchase of Graco’s business division … Charlotte manufacturer Carlisle Cos. said Wednesday that the Federal Trade Commission has approved its purchase of the business division of Minnesota-based Graco More

ObamaCare Tax Season … Isn't national health care wonderful? More

Things that will happen if Venezuela implodes An economic implosion is becoming increasingly likely in Venezuela, and the country's debt holders, trade partners and neighbors are bracing for the fallout More


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