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Although there is added uncertainty over German policy asMerkel tries to form a new coalition following last month'selection, the carbon and power markets both rose in expectationthat Merkel's stance made backloading more likely.
The National Hockey League takes a mid-season break to allow its players to appear at the Winter Olympics but Selig said it was impractical for baseball because it would mean shutting down the season for over three weeks just before the playoffs.
A spokeswoman for the FBI declined to comment on the matter,saying that the selection of its new smartphones is part of anactive acquisition process and any current discussions areproprietary to the government.
Hong Kong-listed Sino Biopharmaceutical is the secondChinese firm to come under the spotlight this week, underliningthat domestic companies are not immune to a recently launcheddrive against corruption in the sector.
— Time Warner Cable fell 94 cents, or 0.8 percent, to $114.26. The giant cable company is enmeshed in a nasty fee dispute with CBS over programming fees and is threatening to pull the broadcaster off its systems.
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