Nasdaq up for sixth straight day
data, though Japanese stocks will be pressured by a stronger yen as the dollar loses altitude. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent, having bounced 5 percent in seven sessions. The main data on Monday will be Japan’s gross domestic product (GDP) report, which is forecast to show annualized growth of 2.8 percent for the fourth quarter. For equity investors, the run of soft figures recently has a silver lining in that it lessens the risk of the Federal Reserve 8 mins ago Foreign banks bracing for tough U.S.
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iShares Nasdaq Biotechnology ETF – a solid biotech investment
In November, Nasdaq presented the SIP committee, which is made up of representatives from all U.S. equity exchanges and the Financial Industry Regulatory Authority, with a list of 10 enhancements needed to improve its SIP. Weeks later, the exchange gave notice that it intended to quit running the system at the end of its two-year contract because talks over implementing the fixes were taking too long. At a meeting in Bonita, Florida, the committee agreed to implement all of the enhancements, having acted on only two of them prior to that, the source said.
Group overseeing data processor agrees to Nasdaq’s fixes: source
<img src='http://s1.reutersmedia.net/resources/r/?m=02&d=20140213&t=2&i=838237886&w=580&fh=&fw=&ll=&pl=&r=CBREA1C1SIJ00' width='500px' alt='A man walks past the Nasdaq top stocks to invest in now MarketSite in New York’s Times Square, August 23, 2013. REUTERS/Andrew Kelly’ style=’float:left;padding:5px’ />
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