MarketWatch for Tuesday, February 25, 2014

By CBS News

Published 02/25 2014 05:46AM

Updated 02/25 2014 05:48AM

If you're keeping on top of the stock markets this morning,  Tuesday, February 25, 2014....

The Nikkei is up 214 points today in trading in Japan.
On Wall Street, the Dow rose 104 points Monday.
And the Nasdaq gained 30.

Samsung unveiled its newest weapon in the smartphone wars. The Korean electronics giant introduced the Galaxy S-5, featuring a heart rate monitor and a fingerprint sensor. The Galaxy line has already helped Samsung overtake Apple as the largest smartphone maker in the world.

Wall Street will be watching for news this morning on the housing market and also on consumer confidence. When consumers are feeling optimistic they spend more freely, which helps power the economy.

Investors are waiting to see if Men's Wearhouse will finally button up a deal with Joseph A. Bank. The company is boosting its takeover offer by 10 percent to about $1.8 billion. In return, Joseph A. Bank would have to back off its plan to buy the parent company of Eddie Bauer.

And the breakfast wars are heating up. Taco Bell is launching its biggest menu expansion since it opened more than 50 years ago. That includes the launch of the Taco Bell Breakfast…featuring portable versions of morning classics like eggs, bacon and hashbrowns - even a waffle taco.

Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Featured Coupon


Featured Business