Chinese researchers announced yesterday that they’ve been able to create two monkeys (macaques) with customized genetic mutations.
Investors betting against the American economy got a much-needed shot in the arm yesterday, with the release of the Institute for Supply Management’s manufacturing survey.
With apologies to Yogi Berra for manipulating his quote above, the saying still holds: 2014’s market performance to date isn’t exactly a continuation of 2013’s bull run. In fact, it is just the opposite with the S&P 500 down 3.6 percent in the first month of the year.
A trio of events combined to lift the S&P 500 out of its month-long losing streak, putting the index up 2.9 percent for the week. The “big three” included the following.
Inflation across the 18-nation euro zone dropped to 0.7 percent in December last year, down from 0.9 percent in the month prior.
After publicly flirting with executives from Dell to Ford, Microsoft Corp. (Nasdaq: MSFT) chose company insider Satya Nadella to replace Steve Ballmer as CEO.