Market moves mixed as Treasury yield nears year high
Ten year Treasury note rose to 2.60 percent from 2.56 as banks advanced. Wells Fargo gained 49 cents to 58.70 while Intercontinental Exchange added 67 cents to 60.06. Caterpillar slid 1.84 to 91.39 amid tax and accounting probes. Airlines slipped on weak traffic. American dropped 1.56 to 43.33. Sears added 0.52 to 8.01 after a smaller loss. Signet Jewelers rose 5.62 to 70.02 on tech investments and store closures. Staples fell 0.47 to 8.49 after weak Q4 sales. Tailored Brands plunged 7.53 to 15.84 on losses and Macy's deal tension. dollar/yen rose. euro up. Energy, metals, and stock indexes mixed across major regions.
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Intercontinental Exchange
Caterpillar
American Airlines
Sears Holdings
Signet Jewelers
Staples
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Jos. A. Bank
Macy’s
Britain
France
Japan
South Korea
Hong Kong
Fearless Girl Statue Installed Near Charging Bull
McCann placed the Fearless Girl sculpture in Bowling Green Park at 4 a.m. on Tuesday with a one week permit, mirroring the 1989 Charging Bull arrival. The bull, installed lawfully by Arturo Di Modica’s team years earlier, prompted support for a permanent display as Mayor Bill de Blasio urged the piece stay in Lower Manhattan through April 2.
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Manhattan
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Lower Manhattan
Fearless Girls
Chipotle to Close ShopHouse Chain Amid Sales Slump
Chipotle plans to shutter all 15 ShopHouse Southeast Asian Kitchen restaurants by March 17 as it probes options for the stalled Asian fusion concept. The move follows a drop in 2016 same store sales and a strategic realignment after a string of food-safety incidents. Cornerstone staff will receive severance and job offers at Chipotle.
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WikiLeaks offer on cyber weapons sparks corporate risk debate
Experts weigh consequences of publishing cyber weapon blueprints and disclosing vulnerabilities. Analysts warn of legal and ethical risks for tech firms with government contracts or cleared staff. They caution immediate disclosure could backfire despite calls for safer, coordinated fixes.
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Stewart Baker
Department of Homeland Security
National Security Agency
WikiLeaks
Baker
Robert Cattanach
U.S. Department of Justice
CIA
Johannes Ullrich
Internet Storm Center
Sans Institute
Ullrich
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