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Market summary

May 20 - Markets closed

World markets

Shanghai 2,299.99 0.00 (0.00%)
S&P 500 1,666.29 -1.18 (-0.07%)
Nikkei 225 15,320.54 -40.27 (-0.26%)
Hang Seng Index 23,493.03 0.00 (0.00%)
TSEC 8,377.05 0.00 (0.00%)
EURO STOXX 50 2,824.50 +6.51 (0.23%)
CAC 40 4,022.85 +21.58 (0.54%)
S&P TSX 12,613.05 +105.45 (0.84%)
S&P/ASX 200 5,174.30 -34.70 (-0.67%)
BSE Sensex 20,223.98 -62.14 (-0.31%)
KOSPI 1,989.47 +7.04 (0.36%)

Currencies

GBP/USD 1.5261 -0.0008 (-0.05%)
GBP/EUR 1.1841 +0.0002 (0.02%)
GBP/JPY 155.9674 -0.1886 (-0.12%)
GBP/HKD 11.8465 -0.0050 (-0.04%)
GBP/CNY 9.3686 -0.0049 (-0.05%)
GBP/AUD 1.5557 +0.0005 (0.03%)
The Tax Costs for Tumblr's Owners
David Karp, Tumblr's chief executive, will likely face a big tax bill as a Stephen Chernin/ReutersDavid Karp, Tumblr's chief executive, will likely face a big tax bill as a result of the Yahoo sale.
The Economist explains What is Tumblr?  
Yahoo says Tumblr will boost revenue by 2014  
Market Chart
6,755.63 +32.57 (0.48%)
14,720.92 +27.86 (0.19%)
3,563.05 +15.67 (0.44%)
2,921.17 +17.35 (0.60%)

Top stories

The FTSE 100 index edged to its highest close in 12 years yesterday as banks and budget airlines made up for weakness in the mining sector.
The U.S. Senate gets a high-profile visitor this week as Apple CEO Tim Cook will press Congress to simplify corporate tax rates. Marketwatch's Robert Schroeder explains.
The bosses of some of Britain's largest multinational corporations have urged David Cameron to stop moralising and rein in his rhetoric on tax avoidance ahead of a G8 summit next month.
The developers of Battersea Power Station broke through the $1bn (�660m) sales barrier yesterday amid �phenomenal� interest in new flats and townhouses at the London landmark.
Ryanair chief executive Michael O'Leary has consistently criticised the Dublin Airport Authority and its predecessor, Aer Rianta, over high charges and aimed a number of broadsides at it and the Department of Transport in its 2012 results statement.

Trends

Popular searches on GoogleChange Mkt Cap
OCDO Ocado Group PLC 4.71% 1,659.88M
MRW Wm. Morrison Supermarkets plc 0.98% 6,721.93M

Sector summary

Sector Change % down/up
Basic Materials -0.25%
Capital Goods +0.16%
Conglomerates +0.68%
Cons. Cyclical +0.76%
Cons. Non-Cyclical +0.45%
Energy -0.04%
Financial +0.75%
Healthcare +0.23%
Services +0.37%
Technology +0.50%
Transportation -1.54%
Utilities +0.93%