U.S. stocks declined, halting the Standard & Poor’s 500 Index’s longest winning streak since September, after disappointing earnings reports from AT&T Inc. and Amgen Inc. and an unexpected drop in home sales.
As spying disclosures lead to questions about U.S. stewardship of the Internet, Brazil is trying to steer a new direction of governance for a technology responsible for one-fifth of the developed world’s economic growth over the past five years.
European stocks dropped, snapping their biggest three-day rally since June, as sales of new houses in the U.S. unexpectedly plunged in March to an eight-month low and investors weighed manufacturing data from China to America.
Portugal’s government bonds rose, with 10-year yields falling to the lowest since 2006, after the nation held its first auction since a bailout in 2011 as its European Union-led aid program draws to a close.
Hamburg will cut energy costs by charging batteries of vehicles that transport containers in Germany’s biggest port at times when excess wind and solar generation in the grid pushes power prices lower.
SunEdison Inc., the solar developer and polysilicon supplier formerly known as MEMC Electronic Materials Inc., received C$115 million ($104 million) in financing from Deutsche Bank AG for power projects in Canada.