Stocks are poised to begin the April quarter underwater amid a plethora of mixed news, including a proposed acquisition by Cendant Corp. (CD), an SEC and Department of Justice investigation into Baker Hughes Inc. (BHI,38,f2), and a federal court's overturning of a patent infringement suit against Medtronic Inc. (MDT). Bond prices are higher and Asian stocks finished slightly higher, with European markets remaining closed for the holiday.
Plays for the day soon to follow....