Art Cashin of UBS Financial Services says growth concerns and geopolitical tensions are dragging down global markets.» Read More
Exchange operator Nasdaq OMX Group said on Tuesday it will rebalance its benchmark Nasdaq-100 index, cutting the weighting of Apple.
The somewhat improbable, though long-awaited bid from Nasdaq and ICE came Friday with the desired effect. It sent shares of the NYSE up sharply (not to mention shares of the Nasdaq) and has changed the dynamic. Anyone expecting a swift resolution of this contest, however, is likely to be disappointed.
"If they [NYSE] really need scale and if they really needed to take costs out, we're probably the better partners," Jeffrey Sprecher, chairman and CEO of ICE, told CNBC on Friday. "There was just an opportunity that was presented to us by the marketplace and Bob Greifeld and I decided to act on it," Sprechler said.
A slew of signals suggest the market wants to go higher. But should you put money to work in leaders or laggards?
Insight from one of the architects of the proposal to buy the NYSE, Jeffrey Sprecher, IntercontinentalExchange CEO. Sprecher says the Nasdaq/ICE partnership would be better for the NYSE in taking out costs.
A look at what the Nasdaq's latest bid for the NYSE could mean to the small investor, with Pat Healy, Issuer Advisory Group president/CEO, and CNBC's Bob Pisani.
A source close to Nasdaq tells CNBC that discussions with the ICE about a competitive bid for the NYSE ongoing, and that the U.S. exchange operator sees a potential deal as an "opportunity" rather than a necessity.
Stocks closed off the lows of the day, although still 1 percent lower, as buyers stepped into the market in afternoon trading even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained. .
Stocks significantly pared losses, although continued to trade lower, after the Federal Reserve reaffirmed intentions to continue stimulating the economy through bond purchases even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained.
Stocks pared the worst losses of the day, although remain sharply lower, as the worsening nuclear crisis in Japan prompted investors to sell stocks across the globe and move into safer investments. GE and Intel led the blue-chip index lower.
The changing face of trading will drive additional mergers between various global market exchanges, H. Rodgin Cohen, chairman of Sullivan & Cromwell, told CNBC.
London Stock Exchange Group is considering making a takeover bid for Nasdaq OMX Group later this year, the Sunday Times reported, continuing the rapid consolidation of the world's major stock markets.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
Billionaire businessman Wayne Huizenga expects the stock market to rise between 5 percent and 10 percent over the next 12 months, he told CNBC Friday.
Three days after they unveiled their deal to merge, there are no shortage of conversations taking place amongst competitors of the NYSE Euronext/Deutsche Boerse about whether such a deal can be broken up through a higher bid for the NYSE.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Natural gas continues to be a structurally oversupplied market. As a result rebalancing the supply and demand equations can be very difficult, Robert Raymond, principal and founder of RCH Energy, told CNBC’s on Thursday.
abstract goes here
The Nasdaq OMX Group is reassessing its strategy following the NYSE/Deutsche Boerse deal, and it won't "sit on the sidelines" as the latest round of consolidation in the industry heats up, a source told CNBC.