NEW YORK (MarketWatch) — With the ink all but dry on two landmark pacts on stock-exchange mergers, investors in recent days have sharply lifted shares of small companies that design electronic trading systems.
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The abbreviated Christmas trading week was one of low volatility and lackluster stock trading despite continued bad news. Among other events, Toyota announced its first ever earnings warning on Monday.
Major markets extend dramatic fall amid growing fears of a U.S. recession; Dow futures sink.
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