** US WRAP **

** TRADING HEADLINES **

BNP Paribas Bids $10.8 Billion for Banca Nazionale After Unipol Is Denied
- Dollar Gains Against the Euro on Expectations of Further Rate Increases
- U.S. Stocks Decline as Reports Fan Concerns the Fed May Keep Raising Rates
- U.S. Two-Year Treasuries Fall for Third Week, Longest Slide Since October
- Morgan Stanley’s Brown, Medici Resign, Adding to Exodus of Senior Ranks
- Merck Wins Approval of Vaccine for Rotavirus, Killer of 600,000 Each Year
- Nymex, Vying With ICE, to Offer 24-Hour Electronic Trading, Members Say
- Google Teams With Volkswagen, Nvidia to Make Navigation System for Cars

** IN PLAY TODAY **

The U.S. macro calendar is empty today. Notable earnings reports today are from Yum Brands, Hasbro and Walt Disney.

Technorati : U.S. market wrap