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MARKET SNAPSHOT: U.S. Stocks Slip As Spanish Yields Rise

By Kate Gibson, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks fell Monday, extending losses into a third session, as Spanish yields topped levels viewed as unsustainable and ahead of earnings from Alcoa Inc. The Dow Jones Industrial Average (DJI) fell 63.73 points to 12,708.74 Alcoa (AA) reports second-quarter results after the close, with the aluminum maker and Dow component expected to report a drop in earnings with global production exceeding demand, keeping a lid on metal prices. The S&P 500 index (SPX) declined 5.77 points to 1,348.91, with energy hardest hit and health care the sole rising sector among its 10 industry groups. Shares of Visa Inc. (V) and MasterCard Inc. (MA) were hit after UBS AG downgraded the payment networks. The Nasdaq Composite (RIXF) shed 13.01 points to 2,924.34. For every stock advancing two fell on the New York Stock Exchange, where 108 million shares traded as of 10:25 a.m. Eastern time. As Spain's 10-year debt yield rose above 7%, European finance ministers readied to meet to work out the details of a rescue map for banks.

Stock News for Mastercard (MA)
DateTimeHeadline
04/29/201615:00:00MasterCard CEO Pay Rises to $15.5 Million for 2015
04/29/201614:31:00MasterCard CEO Ajay Banga's Pay Rises to $15.5 Million for 2015
04/29/201613:47:00MasterCard Nominates 12 Candidates for Election to Board of Directors
04/29/201612:57:32Additional Proxy Soliciting Materials (definitive) (defa14a)
04/28/201610:34:16Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
04/28/201610:25:57Quarterly Report (10-q)
04/28/201610:05:00MasterCard Reports Earnings Decline But Tops Expectations
04/28/201608:02:06Current Report Filing (8-k)
04/28/201607:58:00MasterCard Incorporated Reports First-Quarter 2016 Financial...
04/27/201617:49:00M/Chip Fast from MasterCard Speeds EMV Transactions and Shoppers...
04/21/201617:10:00Visa Profit Rises, Changes Terms of Deal for Europe Business
04/21/201612:42:00MasterCard and Major League Baseball Extend, Expand Partnership
04/20/201610:26:00MasterCard Celebrates the City of Champions with the Launch of...
04/19/201616:46:47Statement of Changes in Beneficial Ownership (4)
04/11/201619:00:00Green Dot Adds Three Independent Directors
04/08/201617:08:05Amended Statement of Changes in Beneficial Ownership (4/a)
04/08/201617:07:11Amended Statement of Changes in Beneficial Ownership (4/a)
04/06/201612:12:32Statement of Changes in Beneficial Ownership (4)
04/06/201612:11:09Statement of Changes in Beneficial Ownership (4)
04/05/201616:55:08Statement of Changes in Beneficial Ownership (4)

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