Stocks seesaw in Asia as thin holiday-week volumes makes trade choppy, though a weaker yen helps support Japan’s market, and optimism for commodity demand keeps Australia above water.
SAN FRANCISCO (MarketWatch) -- Facebook Inc. has set dates for its road show and initial public offering, The Wall Street Journal reported Tuesday, citing sources. The so-called road show, where the social-networking firm will tout its offering to investors, will start Monday, the Journal reported, adding that sources said CEO Mark Zuckerberg would appear at some road-show events. The IPO, which could value the company at up to $100 billion, is set to kick off on May 18, according to the Journal.
Chrysler gets April’s auto sales off with bang, tallying a 20.4% jump in vehicle sales in the Fiat-owned company’s 25th straight month of growth, while it’s a down month for rivals GM and Ford.
U.S. stocks advance Tuesday, propelling the Dow Jones Industrial Average to its highest close since late 2007, after a report indicates U.S. manufacturing expanded in April, offsetting concern about the economic recovery.
Five stocks to consider selling if you own them, not because the old adage says to sell in May, but because there are better opportunities for your money.
MarketWatch
