MARKET MUSINGS WITH CNBC MARKET MASTER ROBERT HUM
Dow 157.58 ( 1.08%) at 14,756.78, S&P 22.21 ( 1.43%) at 1,574.57, Nasdaq 48.14 (1.50%) at 3,264.63
Tuesday bounce-back: Major averages recover about 60% of Monday's steep losses
S&P 500 closes with 2nd best day of year, Dow has biggest gain in 7 weeks
Broad rally: all 10 S&P 500 sectors end day up, with 9 sectors gaining at least 1% on the day
Fairway prices IPO above expected range - DJ
Obama to visit Boston on Thursday
Intel misses by a penny
Yahoo EPS handily beats, but revs & outlook miss
21st Century Fox to be name of News Corp spinoff
ING U.S. announces price range for IPO
THE WORD ON THE STREET TONIGHT
Senate Gun Control Vote Tomorrow/NBC News – Kelly O'Donnell: The critical vote on background checks is now planned for Wednesday afternoon at 4pm. Timing was determined by negotiations between Majority Leader Harry Reid and Republican Leader Mitch McConnell over which amendments will be considered. Nine will be considered and all require 60 votes. The first up will be the background checks compromise known as Manchin-Toomey. Senior Democrats say they expect to take that vote even if they believe the measure will fail to attract 60 votes. As of this evening, backers of Manchin-Toomey bill are short. Several aides estimate the gap at two to four votes and prospects for closing that appear slim.
Consulate: Chinese national killed in Boston/AP: The Chinese Consulate in New York says a Chinese national is the third person killed in the Boston marathon blasts. An official at the consulate's press section, who was not authorized to give his name, said that one Chinese student was injured and another died in the blast. The official said a work group from the consulate was in Boston to investigate the situation and assist relatives of the victims. The official Chinese news agency Xinhua reported that relatives have requested that the deceased not be identified.
Letter Sent to U.S. Senator Tests Positive for Ricin/Reuters: "n envelope sent to Republican Senator Roger Wicker of Mississippi tested positive for ricin, Senator Dick Durbin told reporters after a group of lawmakers were briefed by the FBI. Ricin is a lethal poison found naturally in castor beans. Wicker apparently never received the letter - it was intercepted at a U.S. postal facility before it was delivered to him. A spokeswoman for Wicker referred inquiries to U.S. Capitol Police. A spokesman for Capitol Police could not immediately be reached for comment. Senators have directed their staffs to be on alert.
American Airlines fixes glitch, resuming flights/NBC News: "American Airlines said its reservation system is back online after a nationwide computer glitch prompted the carrier to ground all flights on Tuesday. The airline said flights will resume at 5 p.m. ET; however, it expected delays and cancellations to continue throughout the day. There is "no evidence that today's technical outage is related to the tragic events in Boston," said American Airlines in a statement."
Court temporarily blocks Penney from selling Martha Stewart goods/Reuters: "A New York appeals judge on Tuesday stopped J.C. Penney from selling certain Martha Stewart goods in its stores until Thursday, when he is expected to decide whether to extend the block while an appeal from Macy's is pending. The decision, in effect a short-term reprieve for Macy's, was delivered in a closed hearing but lawyers for both sides confirmed it to Reuters as they left the courtroom. A trial judge had ruled on Friday that J.C. Penney could sell the items for now, as long as they did not bear Stewart's name."