The euro strengthened to a one-month high while Spanish and Italian bonds rallied after Spain kept its investment grade ranking. Stocks were little changed, Treasuries declined and oil advanced before a report that may show U.S. new-home construction climbed.
04:04 - Madrona Venture Group's Matt McIlwain discusses the reports that Microsoft may be evaluating a bid for Salesforce.com. He speaks with Bloomberg's Cory Johnson on "Bloomberg West." (Source: Bloomberg)
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