Published March 18, 2014
Markets shrugged off developments in Crimea, with the Dow rising 181 points Monday - its biggest daily gain in two weeks. The S&P 500 also climbed 1%.
Yahoo (YHOO) shares soared 4% on news Chinese ecommerce giant Alibaba will go public in New York. Yahoo owns a 24% stake in the company.
General Motors (GM) has issued three new recalls involving 1.5 million more vehicles -- this in addition to last month's recall over the faulty ignition switch that is the subject of federal investigation. The auto giant will also take a $300 million charge against first-quarter earnings to pay for four recalls. GM shares closed on Monday up by 54 cents, or more than 1.5%.
And Walmart (WMT) is expected to announce Tuesday that, starting March 26th, customers can trade in their old video games for store credit at most of its stores. Walmart already gives customers credits for used tablets and smartphones that they can put toward new devices.